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Informist, Thursday, Jan. 15, 2026

 

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--Nuvoco Vistas Oct-Dec net profit of INR 562.1 mln 
--Nuvoco Vistas Oct-Dec revenue INR 23.78 bln
--Nuvoco Vistas Q3 net profit INR 562.1 mln vs loss INR 441.5 mln year ago
--Nuvoco Vistas Oct-Dec revenue INR 23.78 bln vs INR 20.17 bln year ago 
--Nuvoco Vistas Apr-Dec net profit INR 1.8 bln vs loss INR 750.5 mln year ago 
--Nuvoco Vistas Apr-Dec revenue INR 69.25 bln vs INR 61.91 bln year ago 
--Analysts saw Nuvoco Vistas Oct-Dec net profit INR 519.43 mln 
--Analysts saw Nuvoco Vistas Oct-Dec revenue INR 27.35 bln 
 

 

By Pallavi Singhal

 

NEW DELHI – After reporting losses in the year-ago period, Nuvoco Vistas Corp. Ltd. posted a sharp improvement in its standalone net profitability, exceeding market expectations, in the December quarter. The improvement was aided by higher cement volumes, sustained premiumisation, and lower fuel costs, despite elevated freight expenses.

 

The cement maker reported a standalone net profit of INR 562.1 million for the Oct–Dec quarter, compared with a loss of INR 441.5 million in the corresponding quarter of last year. The net profit was nearly 73% higher on a quarterly basis. Revenue from operations rose nearly 18% on year to INR 23.78 billion. Analysts had estimated the company's Oct–Dec net profit at INR 519.43 million on revenue of INR 27.35 billion. 

 

The improvement in earnings came despite uneven demand conditions in the early part of the quarter due to prolonged monsoon and festive-related disruptions, the management said in a release. Volumes picked up sharply in December, helping offset the initial softness, they said. The company achieved its highest-ever third-quarter cement sales volume of 5 million tonnes, up 7% on year.

 

Premium products continued their strong momentum with premiumisation of trade volumes sustaining at 44% for the second consecutive quarter, the release said.

 

Lower fuel costs aided the profitability. Management said the company achieved one of its lowest blended fuel costs in recent quarters, reflecting the benefits of cost-optimisation initiatives and a more favourable energy mix. Power and fuel costs increased by over 7% on year to INR 3.95 billion.

 

However, higher freight and forwarding expenses continued to weigh on margins, partially offsetting the gains from lower energy costs. Freight costs were up over 18% on year at INR 5.43 billion during the reporting quarter. 

 

Other expenses that rose during the quarter included a 19% on-year increase in finance costs to INR 1.06 billion and a 24% on-year rise in purchases of stock-in-trade to INR 3.27 billion. As such, total expenses for the quarter increased by nearly 12% on year to INR 23.25 billion.

For the nine months ended December, the company posted a standalone net profit of INR 1.80 billion, reversing a loss of INR 750.5 million in the year-ago period, as revenue increased to INR 69.25 billion from INR 61.91 billion.

 

On Thursday, the company's shares closed 0.4% higher at INR 354.20 on the National Stock Exchange.  End

 

Edited by Saji George Titus

 

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