Nuvoco Vistas shares rose sharply on Monday after the company reported a 20% YoY rise in Q1 FY27 net profit to Rs 160 crore and its highest-ever first-quarter EBITDA. The cement maker also highlighted improving demand, expansion progress, and expects post-monsoon recovery backed by infrastructure spending and capacity additions.
Nuvoco Vistas shares rose sharply on Monday after the company reported a 20% YoY rise in Q1 FY27 net profit to Rs 160 crore and its highest-ever first-quarter EBITDA. The cement maker also highlighted improving demand, expansion progress, and expects post-monsoon recovery backed by infrastructure spending and capacity additions.
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Shares of Nuvoco Vistas surged as much as 14% to an intraday high of Rs 359 on the BSE on Tuesday after the company reported a 20% year-on-year rise in net profit to Rs 160 crore for the first quarter of FY27, while revenue increased 9% to Rs 3,129 crore. Nuvoco Vistas said volume growth of 5% on-year reflects resilient execution despite a challenging operating environment. Further, sustained cost discipline and operational efficiencies supported 7% YoY EBITDA growth, marking the company’s stro…
