Nuvoco Vistas Q1 profit rises 20% to ₹160 crore; revenue grows 9%

Nuvoco Vistas Corporation reported a 20% year-on-year (YoY) rise in consolidated net profit to ₹160 crore for the quarter ended June 30, 2026, despite EBITDA margin remaining flat at 18%, as resilient execution, supported by continued focus on cost discipline and operational efficiencies, drove performance. Revenue rose 9% YoY to ₹3,129 crore from ₹2,873 crore a year ago.

Consolidated EBITDA increased 10% YoY to ₹568.2 crore from ₹518.6 crore in the corresponding quarter last year, while EBITDA margin remained unchanged at 18%.

In a press release, the company said it inaugurated 2 MMTPA of grinding capacity at its Limla Cement Plant in Surat on July 11, 2026, strengthening its footprint in Western India. It also achieved consolidated cement sales volume of 5.3 MMT, registering 5% YoY growth.

Managing Director Jayakumar Krishnaswamy said the company delivered a strong start to the financial year despite macro headwinds arising from geopolitical tensions. He said the commissioning of the Limla grinding unit ahead of schedule marked a key milestone in the company’s expansion plans and would support the operationalisation of the remaining capacities at Kutch in the coming quarters.

The company said work on the Kutch project remains on track for phased operationalisation from Q3FY27, while its capacity expansion programme is progressing as planned and is expected to increase total cement capacity to 35 MMTPA by FY28.

Shares of Nuvoco Vistas Corporation closed 0.94% lower at ₹317.20 on the NSE on Monday.