Nuvoco Vistas Corporation Limited — Investor Meet, 29-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
29-10-2024 · 05:52 pm
Nuvoco Vistas Corp. reported Q2 FY25 revenues of ₹2,269 crores and EBITDA of ₹229 crores, facing challenges from declining cement demand and prices due to slowed capital expenditure. The company prioritized premium products, achieving a record 43% premium share in sales. Operational efficiency initiatives helped lower costs, with net debt at ₹4,501 crores, aiming to reduce it further. Future growth relies on effective execution of government infrastructure projects and sustained demand recovery.
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