Nuvoco Vistas recorded consolidated sales of US$315m during Q3 of 2023 financial year. This corresponds to a rise of 20% YoY from US$262m during Q3 of the 2022 financial year. The cement producer's earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 13% YoY to US$33m from US$29.2m. As a result, the company was able to overcome increased costs to reduce its NL by 12% to US$9.1m.
Nuvoco Vistas Corp Ltd. is a leading manufacturer and retailer of building materials in India. Established in 1999, the company is a part of the Nirma Group, a well-known conglomerate with interests in various industries such as detergents, soaps, and chemicals. Nuvoco Vistas Corp Ltd. is known for its high-quality products and customer-centric approach, which has earned it a strong reputation in the Indian market.
Nuvoco Vistas offers a range of products, including cement, concrete, and plaster. Its products are used in various applications such as construction of buildings, roads, and infrastructure projects. The company's manufacturing facilities are located across India, and it has a strong distribution network that ensures timely delivery of its products to customers across the country.
Cement Business:
Nuvoco Vistas Corp. Ltd. is the 5th cement group in India and the leading cement manufacturer in East India, in terms of capacity. The company has 11 Cement Plants in the states of West Bengal, Bihar, Odisha, Chhattisgarh and Jharkhand in East India and Rajasthan and Haryana in North India comprising five integrated units, five grinding units and one blending unit.
The cement business accounts for approx.84% of the company’s total sales.
Cement Brands:
Concreto
Duraguard
Double Bull
Premium Slag Cement
Nirmax
Infracem
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