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Nuvoco Vistas Corporation Ltd Q3FY24; 7% fall in Revenue

Nuvoco Vista Corporation Ltd (NVCL), is one of the largest cement companies and concrete manufacturers in India with a consolidated capacity of 22.32 MMTPA. It offers a diversified range of products such as cement, Ready-mix Concrete (RMX), and modern building materials i.e. adhesives, wall putty, dry plaster, cover blocks, and more.

Financial Results:

Nuvoco Vistas Corporation Ltd reported Revenues for Q3FY24 of ₹2,421.00 Crores down from ₹2,605.00 Crore year on year, a fall of 7.06%.

Total Expenses for Q3FY24 of ₹2,375.00 Crores down from ₹2,710.00 Crores year on year, a fall of 12.36%.

Consolidated Net Profit of ₹31.00 Crores from -₹75.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.87, from -₹2.11 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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