Lanka Tiles PlcCSELK: TILE.N0000

Interim Financial Statements as at 30th June 2025

· Issued by Lanka Tiles Plc

‌LANKA TILES PLC

Interim Financial Statements

For the three months ended 30th June 2025

LANKA TILES PLC

INTERIM FINANCIAL STATEMENTS AS AT 30TH JUNE 2025 STATEMENT OF FINANCIAL POSITION

Group

Company

30.06.2025

Unaudited

31.03.2025

Audited

30.06.2025

Unaudited

31.03.2025

Audited

Rs.'000

Rs.'000

Rs.'000

Rs.'000

8,503,280

10,545

89,221

484,857

-1,566,003

8,536,159

16,178

80,343

484,857

-1,536,197

8,393,822

10,545

85,858

-387,701

1,488,194

8,424,027

16,178

76,922

-387,701

1,458,345

10,653,906

10,653,734

10,366,120

10,363,173

8,166,208

1,219,263

1,172,319

234,707

8,116,155

1,087,636

670,274

398,379

8,082,858

1,136,902

1,184,734

227,183

8,041,732

1,040,340

688,438

392,803

10,792,497

10,272,444

10,631,677

10,163,313

21,446,403

20,926,178

20,997,796

20,526,486

900,968

2,086,230

12,456,243

900,968

2,085,914

12,410,124

900,968

2,092,276

12,346,448

900,968

2,092,276

12,290,480

15,443,440

(848)

15,397,006

7,848

15,339,692

-

15,283,724

-

15,442,592

15,404,854

15,339,692

15,283,724

1,724,645

305,336

1,737,089

293,550

1,657,060

305,336

1,669,504

293,550

2,029,981

2,030,639

1,962,396

1,963,054

1,401,870

147,139

272,676

106,063

1,556,202

489,879

1,327,860

129,902

156,082

67,440

1,250,352

559,050

1,333,995

147,139

211,960

106,063

1,475,406

421,143

1,294,495

129,902

114,948

67,440

1,178,738

494,185

3,973,830

3,490,685

3,695,707

3,279,708

6,003,811

5,521,324

5,658,102

5,242,762

21,446,403

20,926,178

20,997,796

20,526,486

58.22

58.05

57.83

57.62

As at ASSETS Non-current assets

Property, plant and equipment Right of use assets

Intangible assets Investment properties Investment in subsidiary Investment in associates

Current assets

Inventories

Receivables & prepayments Amounts due from related companies Cash & cash equivalents

Total assets EQUITY AND LIABILITIES Capital and reserves Stated capital Reserves

Retained earnings Shareholders' funds Non controlling interest Total Equity

Non-current liabilities Deferred tax liabilities Retirement benefit obligations Current liabilities Trade & other payables Contract liability

Amounts due to related companies Income tax liabilities

Interest bearing liabilities Bank overdrafts

Total liabilities Total equity and liabilities

Net asset value per share (Rs.)

The notes to the financial statements on page 05 & 06 form an integral part of the financial statements. The figures in brackets indicate deductions

It is certified that the interim financial statements have been prepared in compliance with the requirements of the Companies Act No. 07 of 200

Director Finance

The Board of Directors is responsible for the preparation and presentation of these financial statements. Signed for and on behalf of the board by

Director Director

31 July 2025

LANKA TILES PLC

INTERIM FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED 30TH JUNE 2025

Group

Company

30.06.2025

30.06.2024

Variance

%

30.06.2025

30.06.2024

Variance

%

Quarter

Quarter

Quarter

Quarter

Rs.'000

Rs.'000

Rs.'000

Rs.'000

120,357

141,082

(15)

120,357

141,082

(15)

2,806,851

2,287,889

23

2,777,594

2,286,758

21

2,927,208

2,428,970

21

2,897,951

2,427,840

19

(2,048,267)

(1,594,427)

28

(2,031,160)

(1,591,707)

28

878,941

834,543

5

866,791

836,133

4

18,171

8,261

120

17,726

6,923

156

(464,337)

(385,935)

20

(462,011)

(385,017)

20

(298,137)

(232,858)

28

(270,204)

(224,302)

20

134,638

224,012

(40)

152,302

233,737

(35)

(9,508)

5,884

(262)

(8,366)

5,904

(242)

49,270

38,071

29

49,313

38,132

29

174,400

267,967

(35)

193,248

277,774

(30)

(31,179)

(60,810)

(49)

(31,179)

(60,810)

(49)

143,221

207,157

(31)

162,069

216,963

(25)

618

2,616

(76)

-

-

-

143,839

209,773

(31)

162,069

216,963

(25)

152,220

211,808

(28)

162,069

216,963

(25)

(8,999)

(4,651)

93

-

-

-

143,221

207,157

(31)

162,069

216,963

(25)

152,535

213,142

(28)

162,069

216,963

(25)

(8,696)

(3,369)

158

-

-

-

143,839

209,773

(31)

162,069

216,963

(25)

0.54

0.78

(31)

0.61

0.82

(25)

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME Period ended

Export sales Local sales

Total Revenue Cost of sales Gross profit

Other operating income Distribution costs

Administrative expenses

Operating profit / (loss)

Net finance income / (cost)

Share of results of equity-accounted investees

Profit / (Loss) before taxation

Taxation

Profit / (Loss) after tax Other comprehensive income

Exchange gain / (loss) arising on translation of foreign operations

Total comprehensive income for the year Profit attributable to:

Equity holders of the parent

Non Controlling Interest

Profit for the year Total comprehensive income attributable to:

Equity holders of the parent Non Controlling Interest

Total comprehensive income

Earnings per ordinary share-basic (Rs)

The notes to the financial statements on page 05 & 06 form an integral part of the financial statements. The figures in brackets indicate deductions

LANKA TILES PLC

INTERIM FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED 30TH JUNE 2025

STATEMENT OF CHANGES IN EQUITY

Stated Capital

Amalgamation Reserve

Revaluation Reserve

Exchange Reserve

Retained Earnings

Shareholders' funds

Non Controlling Interest

Total Equity

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

900,968

460,151

1,632,125

(2,966)

11,944,984

14,935,262

55,963

14,991,225

-

-

-

-

211,808

211,808

(4,651)

207,157

-

-

-

1,334

-

1,334

1,282

2,616

-

-

-

-

(185,677)

(185,677)

-

(185,677)

900,968

460,151

1,632,125

(1,632)

11,971,115

14,962,727

52,594

15,015,321

900,968

460,151

1,632,125

(6,362)

12,410,124

15,397,006

7,848

15,404,854

-

-

-

-

152,220

152,220

(8,999)

143,221

-

-

-

315

-

315

303

618

-

-

-

-

(106,101)

(106,101)

-

(106,101)

900,968

460,151

1,632,125

(6,047)

12,456,243

15,443,440

(848)

15,442,592

Group

Balance as at 01st April 2024 Net profit /(loss) for the period Other comprehensive income Final Dividend for 2023/24 Balance as at 30th June 2024

Balance as at 01st April 2025 Net profit /(loss) for the period Other comprehensive income Final Dividend for 2024/25 Balance as at 30th June 2025

Stated Capital

Amalgamation Reserve

Revaluation Reserve

Retained Earnings

Shareholders' funds

Rs.'000

Rs.'000

Rs.'000

Rs.'000

Rs.'000

900,968

460,151

1,632,125

11,781,461

14,774,705

-

-

-

216,963

216,963

-

-

-

(185,676)

(185,676)

900,968

460,151

1,632,125

11,812,748

14,805,992

900,968

460,151

1,632,125

12,290,480

15,283,724

-

-

-

(106,101)

(106,101)

900,968

460,151

1,632,125

12,346,448

15,339,692

Company

Balance as at 01st April 2024 Net profit / (loss) for the period Final Dividend for 2023/24 Balance as at 30th June 2024

Balance as at 01st April 2025 Final Dividend for 2024/25 Balance as at 30th June 2025

The notes to the financial statements on page 05 & 06 form an integral part of the financial statements. The figures in brackets indicate deductions

LANKA TILES PLC INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED 30TH JUNE 2025

Group

Company

30.06.2025

Unaudited

30.06.2024

Unaudited

30.06.2025

Unaudited

30.06.2024

Unaudited

Rs.'000

Rs.'000

Rs.'000

Rs.'000

174,400

267,967

193,248

277,774

160,528

137,001

152,867

137,001

5,634

8,133

5,634

8,133

12,262

2,744

11,116

2,723

12,428

11,752

12,428

11,752

(4,620)

6,100

(4,620)

6,100

(3,357)

(10,619)

(3,357)

(10,619)

4,000

-

4,000

648

1,992

648

1,992

(49,270)

(38,071)

(49,313)

(38,132)

312,654

386,999

322,652

396,723

(45,432)

(575,891)

(36,506)

(551,228)

(116,163)

3,864

(81,098)

18,032

(102,045)

107,482

(96,296)

98,886

116,594

95,768

97,012

(25,339)

(9,936)

(271,341)

(46,006)

(166,045)

155,671

(253,120)

159,758

(228,970)

(12,262)

(2,744)

(11,116)

(2,723)

(641)

(7,429)

(641)

(7,429)

(5,000)

(449,506)

(5,000)

(449,506)

137,768

(712,799)

143,000

(688,628)

(133,210)

(163,790)

(131,599)

(147,030)

(400,000)

-

(400,000)

(533,210)

(163,790)

(531,599)

(147,030)

817,106

886,635

810,000

850,000

(506,405)

(122,768)

(506,405)

(122,768)

(7,575)

(16,035)

(7,575)

(16,035)

303,126

747,832

296,020

711,197

(92,316)

(128,756)

(92,579)

(124,462)

(2,185)

2,620

-

-

(160,671)

29,181

(101,382)

21,165

(255,172)

(96,955)

(193,960)

(103,297)

234,707

477,566

227,183

471,224

(489,879)

574,521

(421,143)

574,521

(255,172)

(96,955)

(193,960)

(103,297)

CASH FLOW STATEMENT

Period ended

CASH FLOWS FROM/(USED IN) OPERATING ACTIVITIES

Profit before income tax

Adjustments for:

Depreciation and Amortization Amortization of Right of use Assets Net Finance (income) / cost

Provision for retirement benefit obligations

Provision for slow moving inventories Exchange (Gain) / loss

Allowance for impairment of trade receivable Interest Expense on lease liability

Share of results of associate

Operating profit (loss) before working capital changes

Changes in working capital

(Increase)/Decrease in inventories (Increase)/Decrease in trade and other receivables (Increase)/Decrease in due from related parties

Increase/(Decrease) in due to related parties Increase/(Decrease) in trade & other payables

Cash generated from operations

Finance income received / (cost paid) Retirement benefit costs paid

Income tax paid

Net cash flows from/(used in) operating activities

CASH FLOWS FROM/(USED IN) INVESTING ACTIVITIES

Acquisition of property,plant,equipment Loan to related parties

Net cash flows from /(used in) investing activities

CASH FLOWS FROM/(USED IN) FINANCING ACTIVITIES

Proceeds from borrowings Repayment of borrowings Payments of Lease rentals

Net cash flows from /(used in) financing activities Net Increase/(Decrease) in cash and cash equivalents

Movement in cash and cash equivalents

Net foreign exchange difference arising on translation of foreign operations Cash and cash equivalents at the beginning of the period

Cash and cash equivalents at the end of the period

Represented by

Cash & cash equivalents Bank overdraft

Cash & cash equivalents at the end of the period

The notes to the financial statements on page 05 & 06 form an integral part of the financial statements. The figures in brackets indicate deductions

LANKA TILES PLC

NOTES TO THE INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED 30TH JUNE 2025

  1. Corporate Information

    Lanka Tiles PLC ("the Company") is a public limited liability company incorporated and domiciled in Sri Lanka and listed on the Colombo Stock Exchange. The registered office of the company is located at No.215, Nawala Road,Narahenpita, Colombo 05.

    The Consolidated Financial Statements of the company for the period ended 30th June 2025 comprise Lanka Tiles PLC (Parent Company) and its subsidiaries (together referred as the " Group") Beyond Paradise Collection Ltd, Lanka Swisstek Private Ltd , LTL Development Ltd and equity accounted investments of Swisstek (Ceylon) PLC and CP Holdings (Pvt) Ltd.

  2. The above figures are provisional and subject to audit.

  3. The accounting policies followed in the preparation of interim financial statements are consistent with those followed in the preparation of financial statements for the year ended 31st March 2025 and are in compliance with LKAS 34 - Interim Financial Reporting.

  4. The presentation and classification of figures for corresponding period of the previous year have been amended, where relevant, to be comparable with those for the current year.

  5. A final dividend of Rs. 106,100,820/- (Rs. 0.40 per share) for the financial year 2024/25 was approved by the shareholders at the Annual General Meeting on 30th June 2025 and paid on 07th July 2025.

  6. There have been no changes in contingent assets and contingent liabilities since 31st March 2025.

  7. Company incurred Rs.46.39 Mn during the quarter for the services rendered in improving the manufacturing processes. This service has been provided by related Companies of Royal Ceramics Lanka PLC and Vallibel One PLC.

  8. There have been no material events occurring after the reporting date that require adjustments or disclosure to these financial statements.

  9. Market prices recorded during the quarter ended

30th June

2025/26

Rs.cts

2024/25

Rs.cts

Highest market price per share

57.40

(11.06.2025)

54.80

(07.05.2024)

Lowest market price per share

48.80

(07.04.2025)

49.60

(19.04.2024)

Last traded price per share

55.90

(30.06.2025)

52.80

(28.06.2024)

Closing date price per share

56.20

(30.06.2025)

52.60

(28.06.2024)

Number of Ordinary Shares Issued

265,252,050

265,252,050

10 Director's holding in shares as at 30th June 2025

Director's name

Shareholding

Number

%

Dr. S Selliah

200,000

0.075

Ms. A M L Page

12,500

0.005

  1. 25 Major Shareholders as at 30th June 2025

    Shareholder's name Shareholding

    Number %

    1 Lanka Walltiles Plc

    180,945,975

    68.217

    2 Employee'S Provident Fund

    24,841,565

    9.365

    3 Royal Ceramics Lanka Plc.

    6,942,405

    2.617

    4 Sri Lanka Insurance Corporation Ltd-Life Fund

    3,256,922

    1.228

    5 Employees Trust Fund Board

    3,041,601

    1.147

    6 Mr. A.A. Page

    2,169,695

    0.818

    7 Mrs. S. Vasudevan & Mr. S.Vasudevan

    2,024,000

    0.763

    8 Emfi Capital Limited

    1,439,343

    0.543

    9 Seylan Bank Plc/Arrc Capital (Pvt) Ltd

    1,308,000

    0.493

    10 Mr. K.A.S.R. Nissanka

    1,122,452

    0.423

    11 Seylan Bank Plc/Phantom Investments (Pvt) Ltd

    1,109,700

    0.418

    12 Seylan Bank Plc/ Pinnaduwage Aravinda De Silva

    1,097,030

    0.414

    13 Sampath Bank Plc/Aruna Enterprises Pvt Ltd.

    642,500

    0.242

    14 Mrs. A.A. Merchant

    625,000

    0.236

    15 Sri Lanka Insurance Corporation Ltd-General Fund

    554,347

    0.209

    16 Ndb Wealth Management Ltd / Hanif Yusoof

    539,867

    0.204

    17 Ranavav Holdings (Private) Limited Account No. 04

    520,000

    0.196

    18 Hatton National Bank Plc-Arpico Ataraxia Equity Income Fund

    510,110

    0.192

    19 Hatton National Bankplc-Senfin Dividend Fund

    449,957

    0.170

    20 Mr. S.A.C. Keerthisinghe & Mrs. D.M.J.S.Dissanayaka

    412,000

    0.155

    21 Mr. N. Samarasuriya

    409,998

    0.155

    22 Mr. D.R. Ponnamperuma

    398,822

    0.150

    23 Mrs. F.S. Shafei & Mr. S.A.Mohamed Basheer

    396,473

    0.149

    24 Sezeka Limited

    380,000

    0.143

    25 Mr. J.D. Bandaranayake & Dr. (Mrs.) V.Bandaranayake,Miss I.Bandaranayake

    378,575

    0.143

    Sub Total

    235,516,337 89.220

    Others

    29,735,713 11.210

    Grand Total

    265,252,050 100.000

  2. Percentage of public holding as at 30th June 2025 was 28.2292% comprising of 5,886 shareholders.

  3. The float adjusted market capitalization is Rs. 4.208,175,353.00 as at 30th June 2025 and the company is in compliance with option 4 of section 7.13.1 (i)

(a) of the listing rules of the CSE pertaining to minimum Public Holding.

‌Corporate Information NAME OF THE COMPANY REGISTERED OFFICE

Lanka Tiles PLC 215, Nawala Road, Narahenpita, Colombo 05

Telephone : + 94 -11 - 2808050 / 2808001-3

Facsimile : + 94 -11 - 2806232

LEGAL FORM E-mail : info@lankatiles.com

Public Limited Liability Company listed on the Colombo Stock Exchange. (Incorporated as a Private Limited Liability Company on 30th March 1984 under the Companies Act No. 17 of 1982 and converted to a Public Limited Liability Company on 07th August 1984.) The Company was re-registered under the New Companies Act No. 07 of 2007 on 19th March 2008 and bears Registration No. PQ 129

Website : https://www.lankatiles.com

FACTORY

St. James Estate, Jaltara, Ranala Telephone : + 94 - 11 - 2141055

Facsimile : + 94 - 11 - 2141045

E-mail : factory@lankatiles.com

DIRECTORS BANKERS

Mr. K D D Perera (Chairman - Appointed w.e.f. 31.07.2025) Commercial Bank of Ceylon PLC Mr. A M Weerasinghe (Re-designated as the Co-Chairman w.e.f 31.07.2025) DFCC Bank PLC

Mr. L. P. B. Talwatte (Managing Director) Hatton National Bank PLC

Mr. H. Somashantha (Director Finance) Sampath Bank PLC

Dr. S Selliah Seylan Bank PLC

Mr. T G Thoradeniya National Development Bank PLC

Ms. A M L Page Habib Bank Limited

Mr. J A N R Adhihetty Nations Trust Bank PLC

Mr. S R Jayaweera Union Bank of Colombo PLC

Mr. J R Gunaratne Pan Asia Banking Corporation PLC

Ms. K. A.D.B. Perera

Mr. R. M. M. J. Ratnayake

SECRETARIES

P W Corporate Secretarial (Pvt) Ltd AUDITORS

No. 3/17, Kynsey Road EY

Colombo 08 Chartered Accountants

Telephone : + 94 -11 - 4640360-3 No.109, Galle Road

Facsimile : + 94 -11 - 4740588 Colombo 03

E-mail : pwcs@pwcs.lk

PARENT COMPANY

Lanka Walltiles PLC

215, Nawala Road, Narahenpita, Colombo 05

Telephone : + 94 -11 - 2808050 / 2808001-3

Facsimile : + 94 -11 - 2806232 E-mail : info@lankatiles.com Website : https://www.lankatiles.com

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