Nuvoco Vistas Corporation Limited announced its financial and operational performance for the third quarter and nine months ended December 31, 2025. The company achieved an all-time high third-quarter consolidated volume of 5 MMT, representing a 7% year-on-year increase. EBITDA surged by 50% year-on-year to ₹386 Crore, driven by operational excellence. Premiumization was sustained at 44% for consecutive quarters, with a healthy trade mix of 71%. For the nine months ended FY26, premiumization stood at 43%, an increase of approximately 300 basis points from the FY25 baseline of 40%.

The company's strategic initiatives include capacity expansion, with the Vadraj acquisition and East region expansion aiming to reach 35 MMTPA. The 4 MMTPA East region expansion is on track, with commissioning of the Vadraj Cement Plant scheduled from Q3 FY27 to Q1 FY28. Critical procurement orders have been placed, and site execution and plant overhauling activities are underway.

Nuvoco continues to drive key initiatives on premiumization, geo-optimization, and cost optimization. Infrastructure and housing-led spending are expected to sustain cement demand, thereby supporting prices. The company also reported a decline in fuel cost to ₹1.41/Mcal, a 17-quarter low, and a decrease in distribution and raw material costs QoQ. The Vadraj acquisition was funded with ₹600 Crore long-term debt and ₹1,200 Crore short-term bridge financing, of which ₹600 Crore has been refinanced through CCDs.