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Nuvoco strong core values

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While the world was grappling with a situation that off-guarded everyone and pervaded every facet of our lives; Nuvoco ensured that all its stakeholders, not limited to its employees were safe and secure.

Nuvoco Vistas is a leading manufacturer and retailer of building materials in India, offering a diversified business portfolio under three broad business segments, namely, cement, ready-mix concrete (RMX) that enjoys a pan-India presence, and modern building materials (MBM).

Guided by one of the core values, care; Nuvoco has always made a responsible and sustainable contribution to the society in which it operates to ensure a safe and healthy environment for all its stakeholders. Nuvoco’s corporate social responsibility initiatives focus on five themes; namely, Surakshit Bharat (safety), Swasth Bharat (health), Shikshit Bharat (education), Saksham Bharat (livelihood) and Sanrachit Bharat (infrastructure development) through which we have reached out to 1,98,000 people across 103 villages.

Surakshit Bharat (safety): Keeping safety at the heart of all that we do, through this initiative, we are able to build awareness on safety (on the road and at home) and endeavours to stimulate behavioural change in the communities living in the close proximity of our operating units. We also extend support towards building a safer world while addressing issues like waste management in the villages and promoting the ban of single-use plastic while showcasing its harmful effects on the environment.

Swasth Bharat (health): Focus is to provide access to primary health care, improved sanitation and safe drinking water to the communities and addressing the needs of adolescent girls. Under the flagship program, project Angan we have adopted more than 170 Anganwadis across locations that promotes joyful learning for children and improving overall service delivery of Anganwadis especially focusing on mother and child health. Continuing our focus, Swasth Matritva is another such project where we have provided mobile ante-natal care (ANC) check-up kits integrated with a mobile app to the government health workers in rural areas. Through this kit, they were able to conduct regular ANC checkups, even during COVID-19 times, and thus contributing towards safe motherhood. We have also helped form girls health groups focusing on adolescent girls; one of its major activities is to promote the use of sanitary pads to maintain hygiene during menstruation. We have also been able to provide preventive healthcare facilities, free medical and health check-up camps and spread awareness on WASH (water sanitation and hygiene) in schools.

Shikshit Bharat (education): The focus of this initiative, is to provide access to new-age education facilities in government schools to improve the quality of education. We have been supporting approx 50 government school across locations by installing smart classes and providing better infrastructure facilities and special health care facilities for girls (construction of toilets and installation of sanitary pad dispenser and incinerator in girls toilet, etc.) in schools. Through our project Shikshit Sunderhattu (winner of FICCI CSR Jury Award 2018-19 for education) in Jamshedpur, we were able to establish "Birsa Prathmik Vidyalaya" through community participation and educate the tribal children of the Sunderhattu and Sarenbera villages, which have shaped the lives of more than 500 tribal children by bringing them into mainstream education.

Saksham Bharat (livelihood): This initiative focuses on diversifying livelihood by imparting new skills to the youth and women to enable them to become self-reliant. Projects like Aakriti (a women enterprise for garment manufacturing) and Samridhi (women group-led initiative for mushroom cultivation) have helped to accelerate progress towards the economic empowerment of rural women. These projects were also awarded FICCI CSR Awards – 2016 and 2017, respectively. Project Aakriti transformed itself from a training center to a garment manufacturing centre with turnover of more than 35 lakh per annum and supporting livelihood of more than 500 women across locations. While Project Smariddhi in West Bengal is providing additional livelihood support to more than 100 women members. Other skill development programs like computer training, bag making, food processing are also some of the initiatives looked upon.

Sanrachit Bharat (infrastructure development): Through this initiative, we have been working towards improving the quality of life by developing community infrastructure through the construction and repair of roads and providing safe drinking water through pond distillation and rainwater harvesting. We were also able to refurbish the school buildings, build community centers, improve drainage systems in villages and conduct tree plantations in communities and villages where we operate.

While the world was grappling with a situation that off-guarded everyone and pervaded every facet of our lives; Nuvoco ensured that all its stakeholders, not limited to its employees were safe and secure. Our employees came forward to support the channel partners (dealers and sub-dealers) and the local communities by contributing a day’s salary. Plant teams and their families came ahead to support the nearby villages by producing and distributing face masks, food packets, and other essential services. Nuvocans’ combined were able to distribute approximately 12,000 safety kits comprising of N95 mask, cotton mask, face shield and temperature scanners in the east and north markets and to the local district administration across locations. They also supported in installing approximately 750 hand wash stations (a foot-operated washbasin developed in-house that enables people to avoid handling taps or soap dispensers) at public places in Jharkhand, Bengal and Chhattisgarh markets and donated a ventilator machine at the government hospital in Janjgir Champa district of Chhattisgarh.

Footnote:

ABOUT THE AUTHOR: Joydeep Chatterjee, Chief of CSR & Corporate Affairs at Nuvoco.

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Dalmia Bharat’s Q3 FY25 Net Profit Plunges by 75.19%

The company’s net consolidated total income dropped by 12.17% to Rs 32.18 billion in Q3 FY25.

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Dalmia Bharat, a leading cement manufacturing company, reported a sharp decline of 75.19 per cent in its net consolidated profit for the quarter ending December 31, 2025. The company disclosed in a BSE filing that its profit after tax stood at Rs 660 million in Q3 FY25, compared to Rs 2.66 billion in the same quarter of the previous fiscal year.

The company’s net consolidated total income dropped by 12.17 per cent to Rs 32.18 billion in Q3 FY25, down from Rs 36.64 billion in the corresponding quarter last year.

According to Puneet Dalmia, the managing director and CEO, India experienced a slightly slower start to the year following multiple years of high growth. He assured that the company’s capacity expansion plans were progressing as expected, with a target of reaching 49.5 million tonnes (MnT) by the end of the fiscal year.

Chief Financial Officer Dharmender Tuteja highlighted that cement demand growth in Q3 fell short of earlier expectations. He noted that the company’s volumes declined by 2 per cent year-on-year, while EBITDA fell by 34.5 per cent year-on-year to Rs 5.11 billion, primarily due to continued softness in cement prices. However, he expressed optimism for the coming quarters, citing improving demand and signs of a positive trend in prices.

During the quarter, the company completed debottlenecking projects at its facilities in Rajgangpur, Odisha (0.6 MnT), and Kadapa, Andhra Pradesh (0.3 MnT), increasing its total clinker capacity to 23.5 MnT. Additionally, it commissioned a 4 MW captive solar power plant in Medinipur, West Bengal, and 46 MW renewable energy capacity under Group Captive, bringing its total operational renewable energy capacity to 252 MW.

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Gadchiroli Added to JSW’s List in Maharashtra’s Steel City Plan

A significant portion of this investment is likely to be concentrated in Nagpur and Gadchiroli.

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On the first day of the World Economic Forum (WEF) at Davos, the state government signed memorandums of understanding (MoUs) worth over Rs 3.35 trillion for industrial investments in Vidarbha. By 8:30 pm (Indian time), the largest deal was secured with JSW Group, involving investment proposals worth Rs 3 trillion, which are expected to create 10,000 jobs. A significant portion of this investment is likely to be concentrated in Nagpur and Gadchiroli.

The Pune-based Kalyani Group, with interests in the defence and steel sectors, also signed an MoU for an investment proposal in Gadchiroli. According to a source from the state’s industries department, there is a possibility that the company will establish a defence production unit there.

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Q3 Preview: UltraTech Cement Set for 26% Drop in PAT

The company’s profit after tax is estimated at Rs 13.04 billion for the third quarter of FY25.

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UltraTech Cement is expected to report a 26 per cent decline in net profit year-on-year (Y-o-Y) for the quarter ending December 31, primarily due to lower realisations and higher depreciation, according to analysts. The company’s profit after tax is estimated at Rs 13.04 billion for the third quarter of FY25.

A survey conducted among five brokerages revealed that UltraTech Cement is projected to achieve a revenue of Rs 166.96 billion, reflecting a 1.2 per cent increase Y-o-Y.

Among the brokerages surveyed, Axis Securities presented the most optimistic projections, while B&K Securities predicted the slowest growth in both revenue and profit after tax (PAT) for the company.

According to Yes Securities, the company’s volumes are anticipated to grow by 9 per cent Y-o-Y to reach 29.76 million tons per annum. The growth in volumes is attributed to strong demand from institutional players and continued momentum in the housing sector.

Analysts noted that after weak demand growth of around 1-2 per cent in H1FY25, industry cement demand improved in Q3FY25. However, Motilal Oswal Financial Services, in its quarterly update, pointed out regional challenges, including pollution-related curbs in Delhi-NCR, sand scarcity, and unfavourable weather conditions such as severe cold and unseasonal rains, which negatively impacted overall demand growth.

The average cost of producing one ton of cement (excluding fixed costs) is expected to decrease by 4 per cent Y-o-Y, amounting to Rs 4,761 in Q3FY25.

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