The mafic–ultramafic layered intrusions in the Emeishan large igneous province (LIP) host significant amounts of Fe, Ti and V resources. The Fe-Ti oxide ore layers hosted in these layered intrusions are variable in thickness and it is enigmatic how the large amounts of Fe-Ti oxides are accumulated to form the Fe-Ti oxide ore layers. The Fe-Ti oxide ore layers are mainly composed of net-textured ores, however, the processes to form the net-textured ores have not yet been well constrained due to lack of diagnostic microstructural evidence of Fe-Ti oxides in the ores. Here we use the electron back-scattered diffraction (EBSD) technique to characterize the microstructures of Fe-Ti oxides in the net-textured ores of the Baima layered intrusion in the Emeishan LIP, e.g., crystallographic orientation and neighbor-/random-pair misorientation, and to assess the formation model of net-textured ores. The net-textured ores are composed of silicate crystals (olivine, and minor plagioclase and clinopyroxene) isolated by interconnected matrix composed of Fe-Ti oxides (titanomagnetite and ilmenite) and minor sulfides. It is likely that the Fe-Ti oxides simultaneously crystallized from a common Fe–Ti–(P)-rich melt, but postdated olivine and other cumulus minerals. The compaction induced by the gravity of overlying cumulus minerals only caused weak intragrain deformation of Fe-Ti oxides so that the Fe-Ti oxides did not experience intense dynamic recrystallization. Instead, the relatively high temperature and water-rich condition facilitated the operation of static recrystallization, resulting in the straight or smoothly curved grain boundaries of Fe-Ti oxides. The neighbor-pair misorientation patterns of Fe-Ti oxides show the preference for low-angle misorientation, supporting the idea that adjacent crystallized Fe-Ti oxides were rotated to coincident orientation in a melt. This study provides new microstructural evidence for the presence of immiscible Fe-rich melt from which the Fe-Ti oxides crystallized to form the net-textured ores.