Nuvoco Vistas Corporation Reports Q1 Financial Results: Revenue Hits 3,128.71 with Profit after Tax at 159.63

Nuvoco Vistas Corporation Reports Q1 Financial Results: Revenue Hits 3,128.71 with Profit after Tax at 159.63​

Nuvoco Vistas Corporation Limited released its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company's financial performance for Q1 FY2026 included a total income of 3,132.32 (in millions), reflecting revenue from operations of 3,128.71 and other income of 3.61.

The results were reviewed by the statutory auditors, MSKA & Associates LLP, who provided an Independent Auditor's Review Report on the consolidated unaudited financial results for the quarter.

Consolidated Financial Performance Highlights (Three Months Ended June 30, 2026)​

Consolidated figures show strong revenue generation and profit metrics across various categories during the first quarter. Key figures are detailed below:

Segment Performance Snapshot​

The company operates across multiple segments, including Cement and Ready Mix Concrete and Others. For the three months ended June 30, 2026:

• Total Revenue from Operations: 3,128.71
• Cement Segment Revenue: 2,861.84
• Ready Mix Concrete and Others Revenue: 279.70
• Total Profit after tax: 342.69

Standalone Results Overview (Three Months Ended June 30, 2026)​

The unaudited standalone results for the company showed a revenue from operations of 2,692.38 and a total income of 2,716.36 in the quarter ended June 30, 2026. The Profit after tax stood at 98.38 (in millions).

Key Financial Metrics and Disclosures​

The company provided several metrics detailing its financial health, comparing current performance against prior periods.

For the three months ended June 30, 2026:

Significant Accounting Notes​

The financial results include specific provisions related to ongoing legal matters:

Incentive and Litigation Provisions:

• For the Holding Company, an additional provision of 18.62 crores was recognized under "Exceptional item" in view of uncertainties regarding the recovery timing of incentive amounts, following the enactment of the Revocation of West Bengal Incentive Schemes and Obligations in the Nature of Grants and Incentives Act, 2025 (Revocation Act). The gross outstanding claim balance as on June 30, 2026 is 427.14 crores.
• The Holding Company carries a provision for expected credit loss of 256.84 crores as on June 30, 2026.

Other Disclosures:

• Regarding the CCI penalty levied on the Holding Company in 2016, the company is indemnified by the erstwhile promoter group under the Share Purchase Agreement (SPA) for any liability arising from the CCI order, although the promoter disputed their obligation concerning amounts beyond a cap of 490.00 crores.
• The company confirmed that it had fully utilized the proceeds obtained from issuing non-convertible debentures (NCDs) during the quarter ended December, 2025.

NUVOCO Stock Price Movement​

Nuvoco Vistas Corporation Limited slipped today, settling at ₹316.55 after shedding 0.94% from its previous close. Trading in the equity saw robust participation, with a total traded volume recorded at 816,869 shares.