Nirma Group-promoted cement maker Nuvoco Vistas Corp reported a 19.97 per cent year-on-year rise in consolidated profit after tax, attributable to owners of the parent company, to ₹159.76 crore for the April-June quarter of FY27. The company credited the growth to higher revenue, operational efficiencies and a reduction in interest costs.
Revenue from operations during the quarter stood at ₹3,128.71 crore, up 8.91 per cent year-on-year. Consolidated sales volume rose 5 per cent year-on-year to 5.3 million metric tonnes. On a sequential basis, revenue declined 5.38 per cent even as profit grew 13.53 per cent quarter-on-quarter.
The company posted its highest-ever quarterly earnings before interest, tax, depreciation and amortisation at ₹572 crore, up 7 per cent year-on-year. Finance costs fell to ₹70 crore from ₹117 crore a year earlier, while other income declined to ₹3.6 crore from ₹14.8 crore over the same period. Depreciation expenses rose 5 per cent year-on-year, and tax outgo surged 70 per cent to ₹116.4 crore, which limited overall profit growth.
Total expenses for the quarter came in at ₹2,856.30 crore, up 6.34 per cent year-on-year. Power and fuel costs rose 8.86 per cent to ₹559.61 crore, while freight and forwarding charges increased 6.7 per cent to ₹838.29 crore.
For the full financial year 2025-26, Nuvoco’s revenue grew 9.47 per cent year-on-year to ₹11,338.29 crore, while profit after tax stood at ₹359.35 crore, up sharply from ₹21.84 crore in FY25. Jayakumar Krishnaswamy, managing director of Nuvoco Vistas Corp, said the company had a strong start to the year, delivering higher business performance despite macro headwinds stemming from geopolitical tensions, aided by resilient execution and continued focus on cost discipline.
Krishnaswamy added that the company’s teams had managed the uncertainty well, maintaining cost discipline while preserving operational performance, and said Nuvoco would continue pursuing prudent procurement and supply chain efficiency. The results come a week after the company inaugurated 2 million tonnes per annum of grinding capacity at its Limla Cement Plant in Surat, part of what Krishnaswamy called a disciplined capital allocation push as the company works toward operationalising remaining capacity at Kutch and consolidating its footprint in western and northern India.
