22-Oct-2026 23:06:13

NUVOCOExpansion

NUVOCO VISTAS Q2: REVENUE UP 13.5% YOY; TARGETS 35 MTPA CEMENT CAPACITY BY FY28

• Cement Volumes: Sales volume up 9% YoY to 4.7 MMT • Capacity Expansion: Commissioned 2 MTPA grinding capacity at Limla Cement Plant, Surat, strengthening Western India presence • FY28 Target: Aims to achieve 35 MTPA cement capacity by FY28 • Renewable Energy: Partnered with CleanMax for a 46.4 MW wind-solar hybrid project in Rajasthan, expected to generate approximately 100 million units annually • Future Expansion: Focused on completing remaining modules of the Vadraj Cement Project at Kutch and Sachana • Margin Pressure: EBITDA growth of 11% YoY lagged revenue growth of 13.5% amid elevated input costs

NUVOCO VISTAS CORP LTD

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