Nuvoco Vistas Corp. Ltd., a leading Indian building materials company, announced its financial results for Q2 FY26, posting its highest-ever second-quarter consolidated EBITDA of Rs. 371 crore. The company reported cement sales of 4.3 MMT during the quarter, with premium products reaching a historic 44% share of trade volume, reflecting rising demand for high-quality construction solutions. Consolidated revenue grew 8% year-on-year to Rs. 2,458 crore, while like-to-like net debt fell by Rs. 1,009 crore YoY to Rs. 3,492 crore, underscoring the company’s sustained deleveraging efforts.
Refurbishment and project execution at the Vadraj Cement Plant are on schedule, while expansion in the East is underway, with capacity expected to reach 35 MMTPA by FY27. The company has also undertaken infrastructure enhancements at Sonadih and Odisha cement plants to enable cost-effective market servicing.
In Kolkata, Nuvoco’s premium offerings such as Nuvoco Concreto and Duraguard are witnessing strong traction, with builders and developers increasingly opting for high-quality blended cements. Local distributors reported robust demand during the festive season, aligning with the company’s strategic premiumisation push. Managing Director Jayakumar Krishnaswamy highlighted that despite macro headwinds, including monsoon disruptions and early festive celebrations, Nuvoco remains confident in its structural growth trajectory and expansion plans across Western and Eastern India.