Nuvoco Achieves Record Q1 EBITDA, Expands Cement Capacity

18 Jul 2025 CW Team

Nuvoco Vistas Corp. Ltd. posted its highest-ever first-quarter consolidated EBITDA of Rs 5.33 billion for Q1 FY26. Cement volumes reached 5.1 MMT, registering a 6 per cent year-on-year growth. Revenue grew 9 per cent YoY to Rs 2,873 crore, while like-to-like net debt was reduced by Rs 8.84 billion to Rs 34.74 billion.

The company remains the fifth largest cement group in India by capacity, following its acquisition of Vadraj Cement Limited, which is expected to increase capacity to approx. 31 MMT by Q3 FY27. This acquisition bolsters Nuvoco's strategy to expand its presence in Western and Northern India, complementing its stronghold in the East.

Premium products now account for 41% of trade volumes, and the company achieved a 76% trade mix—the highest in the past 13 quarters. Flagship brands like Nuvoco Concreto and Duraguard have contributed to this growth, driven by demand for quality construction solutions.

On the sustainability front, the company reduced carbon emissions to 453.8 kg CO2 per ton of cementitious materials, down from 457 kg in FY24, maintaining its leadership in low-emission manufacturing.

MD Jayakumar Krishnaswamy stated, "The company witnessed healthy volume growth during the quarter. It maintained a sharp focus on premiumisation and trade mix, which contributed to enhanced realizations and led to the highest-ever first-quarter consolidated EBITDA in the company’s history."

Nuvoco began operations in 2014 with a greenfield plant in Nimbol, Rajasthan, and later acquired Lafarge India and Emami Cement. The recent approval from the NCLT for Vadraj's acquisition under IBC has strengthened its growth trajectory.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..