Nuvoco Vistas Corp. Ltd., a leading building materials company in India, announced its unaudited financial results for the quarter ending December 31, 2024. The company reported a 16% year-on-year growth in cement sales volume, reaching 4.7 million metric tons. Consolidated revenue stood at Rs. 2,409 crores, while EBITDA was reported at Rs. 258 crores.
The company is on track to expand its cement capacity to 31 MMTPA by Q3 FY27, aided by the acquisition of Vadraj Cement Limited. The cement industry showed recovery in the latter half of FY25, supported by improving market dynamics. Nuvoco achieved the lowest blended fuel cost in the past 13 quarters and continues to maintain one of the lowest power and fuel costs in the industry.
New product launches in the RMX and MBM segments have gained traction, while sustainability efforts have resulted in the lowest carbon emissions in the industry at 457 kg CO2 per ton of cementitious materials. The company remains focused on premiumization, operational efficiency, and expansion to strengthen its position as the fifth-largest cement producer in India.
