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Nuvoco Vistas Corporation reported a sharp rise in consolidated net profit to INR 359.77 crore in FY26 from INR 21.84 crore in FY25, supported by higher volumes and improved operational efficiency. Total income grew to INR 11,362.35 crore. However, the March quarter saw a dip in profit despite higher revenue due to increased costs. The company also approved investments in renewable energy and logistics infrastructure, indicating a continued focus on cost control, sustainability, and regional expansion.
Nuvoco Vistas Corporation reported a consolidated net profit of INR 359.77 crore for FY26, showing a strong improvement compared to INR 21.84 crore in the previous financial year. The growth was supported by better sales volumes, improved pricing, and cost management measures taken across operations. Total consolidated income increased to INR 11,362.35 crore, registering a growth of over 9% year-on-year. Advertisement
During the March quarter, the company posted a net profit of INR 140.81 crore, lower than INR 165.54 crore recorded in the same period last year. The decline in profit came despite a rise in total income, which stood at INR 3,309.37 crore compared to INR 3,046.57 crore earlier. Higher input costs and increased expenses during the quarter impacted margins.
Cement sales volume for the full year stood at around 20.4 million tonnes, reflecting a growth of about 5%. This increase was driven by steady demand across key markets and improved distribution reach. At the same time, the company continued to focus on operational efficiency, which helped improve overall annual profitability despite quarterly pressure.
The company's financial position remained stable, with a net worth of INR 9,431.07 crore at the end of FY26. Its debt-equity ratio stood at 0.38, indicating controlled leverage levels. Operating margin was reported at 14.20%, while net profit margin stood at 2.89%, showing gradual improvement compared to earlier periods.
As part of its sustainability plans, the board approved an investment of up to INR 26 crore to acquire a 26% stake in Clean Max Ilghop, a special purpose vehicle for a hybrid renewable energy project in Jodhpur, Rajasthan. The project will be developed under a captive model and is expected to support energy cost optimisation over the long term.
In addition, the company approved setting up a bulk cement terminal in Gujarat with a handling capacity of around 1.5 million tonnes per annum. The facility is expected to improve logistics efficiency and strengthen supply in the western region. The project is targeted for completion by FY28.
Management indicated that the overall performance for FY26 was supported by improved trade mix, better pricing discipline, and continued focus on cost efficiency. The company has also been working on strengthening its distribution network and enhancing its presence in key regional markets, which contributed to volume growth during the year.
The performance builds on earlier improvements seen in previous quarters, where the company had returned to profitability supported by higher EBITDA and better operational control. This reflects a gradual recovery in the company's financial performance after a challenging phase in earlier years.
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