Nuvoco Vistas Corporation Ltd

Nuvoco Vistas Corp. will hold a meeting of the Board of Directors of the Company on 17 July 2025.Powered by Capital Market - Live

Nuvoco Vistas Corp. announced that the 26th Annual General Meeting(AGM) of the company will be held on 25 July 2025.Powered by Capital Market - Live

Nuvoco Vistas Corporation announced that India Ratings and Research and CRISIL Ratings have assigned rating of 'IND A1+' and 'Crisil A1+', respectively, for the Commercial Paper of the Company for an aggregate amount of Rs.1700 crore (enhanced from Rs.500 crore). The Rating for the other borrowings of the Company remain unchanged. Powered by Capital Market - Live

Net profit of Nuvoco Vistas Corporation rose 64.96% to Rs 165.54 crore in the quarter ended March 2025 as against Rs 100.35 crore during the previous quarter ended March 2024. Sales rose 3.71% to Rs 3042.25 crore in the quarter ended March 2025 as against Rs 2933.44 crore during the previous quarter ended March 2024. For the full year,net profit declined 85.18% to Rs 21.84 crore in the year ended March 2025 as against Rs 147.37 crore during the previous year ended March 2024. Sales declined 3.51% to Rs 10356.67 crore in the year ended March 2025 as against Rs 10732.89 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales3042.252933.44 4 10356.6710732.89 -4 OPM %18.1316.73 -13.2515.13 - PBDT443.41373.08 19 895.021124.57 -20 PBT223.77155.01 44 26.51205.93 -87 NP165.54100.35 65 21.84147.37 -85 Powered by Capital Market - Live

Nuvoco Vistas Corp. will hold a meeting of the Board of Directors of the Company on 1 May 2025.Powered by Capital Market - Live

Net loss of Nuvoco Vistas Corporation reported to Rs 61.37 crore in the quarter ended December 2024 as against net profit of Rs 31.03 crore during the previous quarter ended December 2023. Sales declined 0.48% to Rs 2409.36 crore in the quarter ended December 2024 as against Rs 2420.98 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2409.362420.98 0 OPM %10.7216.95 - PBDT132.67288.07 -54 PBT-84.7156.82 PL NP-61.3731.03 PL Powered by Capital Market - Live

Revenue from operations decline marginally to Rs 2,409.36 crore in third quarter of FY25 from Rs 2,420.98 crore reported in the same period last year. The firm reported a pre-tax loss of Rs 84.71 crore in the December 2024 quarter, compared to profit before tax of Rs 56.82 crore posted in the December 2023 quarter. EBITDA during the quarter stood at Rs 258 crore, registering a de-growth of 38.72% on YoY basis. The company's revenue from cement stood at Rs 2,184.24 crore (up 0.74% YoY) and revenue from ready mix concrete and others was at Rs 244.85 crore (up 2.55% YoY) during the period under review. Consolidated cement sales volume grew 16% YoY to 4.7 million tonnes in Q3 FY25. The company stated that the cement industry has witnessed a recovery following a challenging first half of FY25. After facing subdued demand, the industry is showing signs of improvement, supported by favourable market dynamics. In response, it undertook several initiatives to drive strong volume growth during the quarter. While cement prices remained muted for majority part of the quarter, they recovered toward the end. Meanwhile, the firm has continued to focus on operational excellence. It has achieved the lowest blended fuel cost in the last 13 quarters, at Rs 1.45 per Mcal. Nuvoco's power & fuel cost continues to be amongst the lowest in the industry. Jayakumar Krishnaswamy, managing director of Nuvoco Vistas Corporation, said, '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 geomix, 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 and further consolidating its position as the 5th largest player in India.' Nuvoco Vistas Corporation (NVC) is engaged in the business of manufacturing and sale of Cement and Ready Mix (RMX) along with trading and manufacturing of aggregates. The company caters mainly to the domestic market. Powered by Capital Market - Live

Nuvoco Vistas Corp. will hold a meeting of the Board of Directors of the Company on 22 January 2025.Powered by Capital Market - Live

The company has incorporated Vanya Corporation with authorised and paid-up share capital of Rs 10,000 divided into 1,000 equity shares of Rs 10 each. It will carry on the business of manufacturing of cementitious products. Nuvoco Vistas Corporation (NVC) is engaged in the business of manufacturing and sale of cement and ready mix (RMX) along with trading and manufacturing of aggregates. The company caters mainly to the domestic market. The company's consolidated net profit tumbled to Rs 85.17 crore in Q2 FY25 from Rs 1.53 crore posted in Q2 FY24. Net sales declined 11.8% YoY to Rs 2,268.58 crore during the quarter. The counter rose 0.09% to settle at Rs 344.40 on 28 November 2024.Powered by Capital Market - Live

Nuvoco Vistas Corporation has incorporated a wholly owned subsidiary in the name of Vanya Corporation. The new company will carry on he business of manufacturing of cementitious products. Powered by Capital Market - Live