Nuvoco Vistas Corp. Ltd., a leading building materials Company in India, announced its unaudited financial results for the quarter ended December 31, 2024. The Company’s consolidated cement sales volume registered a strong growth of16% YoY to 4.7MMT in Q3FY25. Consolidated revenue from operations stood atRs.2,409croresduring the same
period. Consolidated EBITDA for the quarter stood at Rs.258crores.
Commenting on the company’s performance, Mr. Jayakumar Krishnaswamy, Managing Director, Nuvoco Vistas Corp. Ltd., stated, “The Company proactively seized demand opportunities to bolster its position in the market and delivered strong volume growth during the quarter. Price increases in the recent period continue to reflect a positive trend, while sustained improvements in demand should support prices as well. Strategic priorities for the company remain centered on driving premiumization, optimizing geo-mix, enhancing fuel mix efficiency, strengthening brand presence, and maintaining cost excellence. The Company is confident in its expansion strategy and ability to execute on growth plans pertaining to Vadraj Cement, which will diversify its market footprints in the Western India, thereby supporting long-term growth ambitions andfurther consolidating its position as the 5 th largest player in India.”