Nuvoco Vistas Q1 profit rises 20% to ₹160 crore as revenue grows 9%
AI Market Summary
Nuvoco Vistas posted a solid FY26 Q1 with net profit up 20% and revenue up 9%, supported by cost discipline and operational efficiencies, while EBITDA margin held flat at 18%. Early commissioning of the 2 MMTPA Surat grinding unit and on-track Kutch expansion reinforce execution and future volume potential. The stock's slight decline suggests results were largely anticipated, limiting broader market spillover.
Impact level
● Low
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Nuvoco Vistas posted a 20% year-on-year rise in FY2026 Q1 net profit to ₹160 crore, while revenue increased 9% to ₹3,129 crore. EBITDA grew 10% and the EBITDA margin was unchanged at 18%. The company said it commissioned its 2 MMTPA Surat grinding unit ahead of schedule and that the Kutch expansion remains on track, with a target of 35 MMTPA total cement capacity by FY28. Shares closed 0.94% lower at ₹317.20.
