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Informist, Wednesday, Apr. 15, 2026

 

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--Nuvoco Vistas Jan-Mar consol PAT INR 1.41 bln vs INR 1.66 bln year ago 
--Analysts saw Nuvoco Vistas Jan-Mar consol net profit INR 1.63 bln 
--Nuvoco Vistas Jan-Mar consol revenue INR 33.1 bln vs INR 30.4 bln yr ago 
--Nuvoco Vistas Jan-Mar consol PAT includes one-time cost of INR 481.30 mln 
--Nuvoco Vistas FY26 consol net profit INR 3.59 bln vs INR 218.40 mln yr ago 
--Nuvoco Vistas FY26 consol revenue INR 113.38 bln vs INR 103.57 bln yr ago
--Nuvoco Vistas to set up 1.5 mtpa bulk cement terminal at Sachana, Gujarat 
 

 

By Arundathi A R

 

MUMBAI – Nuvoco Vistas Corp. Ltd. reported a double-digit on-year decline in its consolidated net profit for the March quarter. However, its consolidated revenue for the quarter grew nearly 9% on year. The company's net profit for the reporting quarter includes a one-time cost as well. The net profit for the March quarter also missed the Street's estimate, while its consolidated revenue was in line with expectations. Its total expenses on-year growth for the quarter was almost in line with its on-year revenue growth.

 

The building materials company's consolidated net profit for the quarter fell 15% on year to INR 1.41 billion. However, sequentially, this was a sharp jump of nearly 187%. Analysts had expected the net profit for Nuvoco Vistas at INR 1.63 billion for Jan-Mar. The consolidated net profit includes a one-time cost of INR 481.30 million for the March quarter.

 

Its consolidated revenue for the three months ended March rose over 22% sequentially to INR 33.17 billion, which was almost in line with the Street's expectations of INR 33.01 billion.  

The total expenses of the company grew over 7% on year to INR 30.28 billion for the March quarter. The company's expenses related to changes in inventories of finished goods, work-in-progress and stock-in-trade were at INR 1.13 billion, down from INR 1.38 billion in the year-ago quarter. The cost of materials consumed and purchase of stock-in-trade for the March quarter reported an on-year growth of nearly 14% and almost 25%, respectively. Employee costs also rose over 13% on year to INR 1.83 billion. The company's finance costs for the quarter declined sharply by 28% on year to INR 809.5 million.

 

For the financial year 2025–26 (Apr-Mar), Nuvoco Vistas reported a consolidated net profit of INR 3.59 billion. This was over 16 times the consolidated net profit reported in FY25. Its consolidated revenue for the period was INR 113.38 billion, up over 9% on year.

 

For FY26, the company achieved cement sales volume of 20.4 million tonnes, up 5% on year. Nuvoco Vistas' earnings before interest, tax, depreciation, and amortisation for FY26 grew 35% on year to INR 18.81 billion.

 

The company has approved setting up a bulk cement terminal of 1.5 million tonnes per annum at Sachana in Gujarat, it said in another filing with the exchanges Tuesday. The cement terminal will enable efficient unloading, storage, and dispatch of both loose and packed cement through streamlined operations. It is targetting the commissioning of the terminal by FY28, according to the filing. 

 

At 0940 IST, shares of Nuvoco Vistas traded nearly 2% lower at INR 300.20 on the National Stock Exchange.  End

 

Edited by Tanima Banerjee

 

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