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Cement Major Nuvoco Posts Rs 3.71 bn EBITDA in Q2 FY26
Nuvoco Vistas has completed its acquisition of Vadraj Cement, upon the payment of US$20.9m to lenders led by Punjab National Bank and Union Bank of India....
Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in...
Nuvoco Vistas Corp has received the green light from the Mumbai Bench of the Hon’ble National Company Law Tribunal (NCLT) to acquire Vadraj Cement Ltd (VCL)...
Vadraj also boasts a clinker capacity of 3.5 million tonne in Kutch
The deal should create synergies with Nuvoco’s existing facilities.
The estimated target date for the commencement of production is around Q3 FY27.
