Mumbai, July 2025.

Nuvoco Vistas Corp. Ltd., a leading building materials Company in India, announced its financial results for the quarter ended June 30, 2025. With 25 MMTPA of combined installed capacity, the Company is on track to achieve approx. 31 MMTPA cement capacity by Q3 FY27 post successful acquisition of Vadraj Cement Limited (VCL)retaining its fifthlargest cement group position in India for long term. While the Company remains a leading player in East India, this acquisition aligns seamlessly with Nuvoco’s strategy of expanding its presence in the Western and Northern regions. It brings complementary capabilities to enhance geographic reach and create long-term value for stakeholders.

The Company achieved a consolidated cement sales volume of 5.1MMT in Q1 FY26. Consolidated revenue from operations grew 9% YoY to Rs.2,873Cr. in Q1 FY26. The Company also reported its highest-ever first quarterlyconsolidated EBITDA of Rs.533Cr. in Q1 FY26.Furthermore, the Company remained committed to its deleveraging agenda, reducing like-for-like¹ net debt by Rs. 884Cr.YoY to Rs. 3,474Cr.

Premium products continue to be a strategic priority for the Company, with their share of trade volume rising to 41% in Q1 FY26. The Company also achieved a robust trade mix of 76% — the highest in the last 13 quarters. The sustained momentum of the Nuvoco Concreto and Nuvoco Duraguard product portfolio reflects growing recognition as trusted solutions for superior construction needs.

The Company’s commitment to sustainability is evident as it continues to lead the industry with the lowest carbon emissions, further reducing emissions to 453.8 kg CO₂ per ton² of cementitious materials, down from 457 kg CO₂ per ton in FY24.

Commenting on the performance of the Company, Mr. Jayakumar Krishnaswamy,Managing Director, Nuvoco Vistas Corp. Ltd., stated, “The Company witnessed healthy volume growth during the quarter. It maintained a sharp focus on premiumisation and trade mix, which contributed to enhanced realizations and led to the highest-ever first-quarter consolidated EBITDA in the Company’s history. Looking ahead, we remain committed to drive sustained growth and expand our market presence. Following the successful acquisition of Vadraj Cement, the Company is fully geared up to operationalize the plants at Kutchand Surat by Q3 FY27 and at the same time expanding its market footprint in the Western region. Alongside this, the Company will continue to prioritize initiatives around premiumisation, geo-optimisation, and cost efficiency to further strengthen its competitive edge.”