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Nuvoco Vistas Corp. Q4FY23 Earnings Story

With a combined capacity of 22.32 MMTPA, Nuvoco Vista Corporation Ltd (NVCL) is one of the major cement producers in India. It provides a wide variety of goods, including cement, ready-mix concrete (RMX), and contemporary building supplies such adhesives, plaster putty, dry plaster, cover blocks and others.

Financial Results:

  • Nuvoco Vistas Corporation Ltd. reported Total Income for Q4FY23 of ₹ 2,931 Crores down from ₹ 2,940 Crore year on year, a fall of 0.5%.

  • Total Expenses for Q4FY23 of ₹ 2,925 Crores up from ₹ 2,876 Crores year on year, rise of 1.6%.

  • Consolidated Net Profit of ₹ 201 Crores, up 593% from ₹ 29 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 5.63, up 593% from ₹ 0.81 in the same quarter of the previous year.
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