New Delhi, Apr 14 (PTI) Nuvoco Vistas Corp, the building materials division of the Nirma Group, on Tuesday reported a decline of 15 per cent in its consolidated profit to Rs 140.81 crore in the March quarter of FY2025-26.
The company had a net profit of Rs 165.54 crore in the January-March quarter a year ago, according to a regulatory filing from Nuvoco Vistas Corp.
Its revenue from operations was up 8.7 per cent to Rs 3,306.75 crore in the March quarter. It was at Rs 3,042.25 crore in the corresponding quarter a year ago.
Total expenses of Nuvoco Vistas were at Rs 3,028.04 crore, up 7.27 per cent in the March quarter of FY'26.
Its total income, which includes other income, was at Rs 3,309.37 crore, up 8.62 per cent in Q4 of FY'26.
Nuvoco Vistas' profit in the entire financial year 2025-26 stood at Rs 359.77 crore, up multifold compared to Rs 21.84 crore recorded a year earlier. Its total income was up 9.5 per cent to Rs 11,362.35 crore in FY26.
Nuvoco Vistas' consolidated cement sales volume was at 20.4 MT in FY'26, up 5 per cent. This is the highest-ever third-quarter cement sales volume, according to the earnings statement of the company.
"The Board of the Company has approved a new project to establish a bulk cement terminal at Viramgam, Sachana, Gujarat, with a dedicated railway siding and handling capacity of approx. 1.5 MMTPA," it said.
The terminal will enable efficient unloading, storage, and dispatch of both loose and packed cement through streamlined operations. It will serve as a strategic distribution hub to expand the company’s reach across the Gujarat market, with commissioning targeted by FY28.
Commenting on the results, its Managing Director, Jayakumar Krishnaswamy, said: "FY26 marks a defining year for Nuvoco, highlighted by increased volumes, revenue and profitability. The company achieved solid growth in both EBITDA and PAT, reflecting strong execution of core strategies focused on premiumisation, strengthening trade channels, and driving cost optimisation, despite headwinds."