Nuvoco Vistas Reports 78% PAT Growth In Q2 FY27, Commissions New Grinding Unit In Surat
· Free Press Journal
Mumbai: Nuvoco Vistas Corporation Ltd announced its financial results for the quarter and half year ended 30 September 2026, reporting a profit after tax of ₹65 crore, a 78% increase year-on-year.
Financial Performance
Consolidated revenue for the second quarter of financial year 2027 (Q2 FY27) increased by 13.5% year-on-year to ₹2,790 crore. Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) also grew by 11% year-on-year, reaching ₹411 crore.
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Nuvoco Vistas Capacity To Reach 35 MMTPA By FY28, Reports ₹11,362 Crore Total Income In FY26Operational Highlights
The company achieved a cement sales volume of 4.7 million metric tonnes (MMT) in Q2 FY27, marking a 9% year-on-year growth. Nuvoco Vistas also commissioned a 2 MMTPA grinding unit at its Limla Cement Plant in Surat during the quarter.
Strategic Growth
Nuvoco Vistas entered the cement business in 2014 with a 2.3 MMTPA plant. The company plans to expand its total cement capacity to 35 MMTPA by financial year 2028.
Sustainability Initiatives
Nuvoco Vistas partnered with CleanMax for a 46.4 MW wind-solar hybrid renewable energy project in Rajasthan. This project is expected to generate approximately 100 million units of renewable electricity annually.
Nuvoco Vistas Partners With CleanMax For 46.4 MW Wind-Solar Project, Aims For 100 Million Units AnnuallyManagement Commentary
Jayakumar Krishnaswamy, Managing Director, Nuvoco Vistas Corporation Ltd, stated that Q2 FY27 reflected execution in a challenging operating environment. He noted strong year-on-year growth in revenue, EBITDA, and PAT despite various disruptions and elevated input costs.
Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.