Nuvoco Vistas Corporation Limited — Updates, 22-01-2025: Press Release

Nuvoco Vistas Corp. Ltd. reported a strong Q3 FY25 performance, with cement sales volume increasing by 16% year-on-year to 4.7 MMT. Consolidated revenue from operations reached Rs. 2,409 crores, while EBITDA stood at Rs. 258 crores during the quarter. The cement industry is witnessing a recovery after a challenging start to FY25, with Nuvoco's strategic initiatives leading to positive volume growth despite previously subdued demand. The company achieved its lowest blended fuel cost in 13 quarters, indicating an effective operational strategy.

In addition to boosting its cement output, Nuvoco launched several new products in its RMX and MBM segments, further diversifying its portfolio. With a focus on sustainability, Nuvoco maintains the lowest carbon emissions in the industry at 457 kg CO2 per ton of cementitious materials. The company is well-positioned for expanded growth, backed by its successful acquisition plans related to Vadraj Cement, which aligns with its ambition to consolidate its market leadership as the 5th largest cement player in India.