The east India-based cement producer’s bottomline surged to Rs 133.16 crore as in comparison with 2.84 crore a yr in the past. Consolidated income from operations stood at Rs 2,872.70 crore for the quarter, up from Rs 2,636.48 crore a yr in the past.
Whole bills for the interval stood at Rs 2,685.90 crore as in comparison with Rs 2,635.91 crore within the year-ago interval. The corporate bought 5.1 million tonne of cement through the quarter, whereas its earnings earlier than curiosity, tax, depreciation and amortization was the very best ever for the primary quarter at Rs 533 crore.
“The corporate witnessed wholesome quantity progress through the quarter,” managing director Jayakumar Krishnaswamy mentioned. “It maintained a pointy give attention to premiumisation and commerce combine, which contributed to enhanced realizations and led to the highest-ever first-quarter consolidated EBITDA within the Firm’s historical past.”
Consolidated working margins for the quarter improved by 510 foundation factors to 18.35% from a yr in the past.
The corporate just lately acquired Vadraj Cement, and mentioned that the vegetation at Kutch and Surat will probably be operationalized by the third quarter of 2026 – 27 (Apr-Mar).On a like-to-like foundation, the corporate has lowered its debt to Rs 3,474 crore on the finish of the June quarter from Rs 4,358 crore a yr in the past. This excludes the debt the corporate will probably be taking for the acquisition of Vadraj.The buyout of Vadraj will probably be funded with long-term debt restricted to Rs 600 crore, and the remaining by means of short-term bridge financing of Rs 1,200 crore, the corporate mentioned in its investor presentation.
Nuvoco Vistas Corp is at the moment the fifth-largest producer of cement within the nation with a capability of 25 million tonne. It will improve to 31 million as soon as the vegetation from the buyout of Vadraj are operationalised in fiscal 2027.
The corporate reported its earnings after market hours on Thursday, and its shares closed at Rs 382.65 rupees on the BSE, up 1.7% from the earlier shut.
