Nuvoco Vistas reports strong Q2 performance with 62% EBITDA surge
Nuvoco Vistas reported a profit of Rs 36.43 crore for the September quarter. This marks a significant turnaround from a loss in the same period last year. The company's earnings before interest, tax, depreciation, and amortisation surged by 62%. Revenue also saw an 8% year-on-year increase. Nuvoco Vistas is expanding its production capacity to 35 million tonnes by FY27.