Building materials company Nuvoco Vistas Corp. Ltd. has reported a strong financial performance for the first quarter of FY27, backed by higher cement sales, improved profitability and progress in its capacity expansion programme. The company posted a 20 per cent year-on-year rise in Profit After Tax (PAT) to Rs. 160 crore, while EBITDA increased 7 per cent to Rs. 572 crore, marking its highest-ever first-quarter EBITDA. Consolidated total income grew 9 per cent year-on-year to Rs. 3,129 crore, with cement sales volume rising 5 per cent to 5.3 million metric tonnes (MMT).
The company also inaugurated a 2 MMTPA grinding unit at its Limla Cement Plant in Surat on July 11, ahead of schedule, strengthening its footprint in Western India and freeing up capacity at its Rajasthan plants to cater to the Northern market. Work has also commenced on a bulk cement terminal at Viramgam, Sachana in Gujarat, targeted for commissioning by Q2 FY28, while phased operationalisation of the Kutch project is expected from Q3 FY27. These projects will help increase Nuvoco’s total cement capacity to 35 MMTPA by FY28.
Managing Director JayakumarKrishnaswamy said the company delivered higher business performance despite geopolitical headwinds, supported by operational efficiencies, cost discipline and strong project execution. He added that the company would continue focusing on prudent procurement, supply chain efficiency and cost optimisation amid global uncertainties.
Kolkata remains one of Nuvoco Vistas’ strategically important markets due to sustained infrastructure development, urban housing demand and public sector construction projects across eastern India. The company’s improving financial performance and ongoing capacity expansion are expected to strengthen cement availability and support growing demand in the Kolkata market, reinforcing its competitive position in the region.
