Mumbai, January 15, 2026: Nuvoco Vistas Corporation Limited reported a strong operating and financial performance for the quarter ended December 31, 2025, posting its highest-ever third-quarter cement sales volume alongside a sharp improvement in profitability, supported by sustained premiumisation and operational efficiencies.
Strong Volume Growth and Revenue Expansion
During Q3 FY26, Nuvoco achieved an all-time high consolidated cement volume of 5 million metric tonnes (MMT), reflecting a 7% year-on-year growth. The performance came despite macro headwinds earlier in the quarter, with demand momentum recovering sharply in December.Consolidated revenue from operations rose 12% year-on-year to ₹2,701 crore, driven by higher volumes, improved product mix, and stronger realisations.
EBITDA Surges on Operational Efficiency
The company reported a 50% year-on-year increase in consolidated EBITDA to ₹386 crore in Q3 FY26. Profitability was supported by disciplined cost management, higher premium product contribution, and optimisation of fuel costs.Nuvoco achieved its lowest blended fuel cost in the last 17 quarters at ₹1.41 per Mcal, strengthening margins amid a volatile cost environment.
Premiumisation Remains a Key Growth Driver
Premium products continued to gain traction, with premiumisation sustained at a record 44% for the second consecutive quarter. The consistent performance highlights increasing brand acceptance of flagship cement brands such as Concreto and Duraguard across key markets.The Ready-Mix Concrete (RMX) segment also witnessed healthy volume traction within the Concreto range. During the quarter, the company launched Concreto Tri Shield, a specialised offering designed to enhance durability through a three-layer protection system and extend structural lifespan by around 50%.
Digital and Product Initiatives Across Segments
In the Modern Building Materials (MBM) segment, Nuvoco introduced the Zero M Unnati App, a digital loyalty platform aimed at improving influencer engagement, transparency, and data-driven channel expansion.These initiatives align with the company’s broader strategy of strengthening customer connect while scaling value-added and differentiated products.
Capacity Expansion on Track
Nuvoco continued progress on its strategic expansion plans in eastern India, alongside refurbishment and project execution at the Vadraj Cement facilities. The clinker and grinding units at Vadraj are scheduled to be operationalised in phases starting Q3 FY27.Upon completion, these initiatives are expected to take Nuvoco’s total cement capacity to approximately 35 MMTPA, reinforcing its position as the fifth-largest cement group in India over the long term.
Management Commentary
Commenting on the quarter, Managing Director Jayakumar Krishnaswamy said that while prolonged monsoon conditions and festive periods softened demand in October and November, December delivered healthy double-digit growth. He highlighted that the record quarterly volume, sharp EBITDA growth, and sustained premiumisation reflect the company’s focus on operational excellence, cost efficiency, and long-term competitiveness.About the Company
Nuvoco Vistas Corporation Limited is a leading building materials company with a diversified presence across Cement, Ready-Mix Concrete, and Modern Building Materials. The company has a strong footprint in eastern India and a growing presence in north and west India. With a steadily expanding capacity base and a focus on premium products, innovation, and efficiency, Nuvoco continues to strengthen its long-term growth platform in India’s infrastructure and construction ecosystem.Source:
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