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[BUSINESS] · India · 2 sources

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Nuvoco Vistas reports Q2 FY27 revenue growth of 13.5%

Nuvoco Vistas Corp. Ltd., an Indian building materials company, has announced its financial results for the second quarter of fiscal year 2027. The company reported consolidated revenue of Rs. 2,790 crore, representing a 13.5% year-on-year increase. EBITDA also grew by 11% year-on-year to Rs. 411 crore.

In terms of operations, the company achieved a cement sales volume of 4.7 MMT in Q2 FY27, a 9% increase compared to the previous year. Nuvoco aims to expand its cement capacity to 35 MMTPA by FY28, marking nearly 15x growth since its inception in 2014.

To improve sustainability and cost-efficiency, Nuvoco has partnered with CleanMax for a 46.4 MW wind–solar hybrid renewable energy project in Rajasthan. The project is expected to generate roughly 100 million units of renewable electricity annually, reducing reliance on conventional power sources.

Entities

CleanMax · Jayakumar Krishnaswamy · Nuvoco Vistas Corp. Ltd. · Rajasthan