Cement & Cement Products company Nuvoco Vistas Corporation announced Q2FY25 results Consolidated revenue from operation stood at Rs 2,269 crore. Consolidated EBITDA stood at Rs 229 crore. Union Budget for FY25 has earmarked approximately Rs 11.11 lakh crore for infrastructure investments, the pace of on-ground execution is yet to see significant pick-up. Jayakumar Krishnaswamy, Managing Director, Nuvoco Vistas Corp., said: “Industry has been facing significant headwinds in recent times, including weak demand coupled with pricing pressure. The timing and pace of demand recovery rests upon on-ground execution of infrastructure and housing projects including those under PMAY and Purvodaya schemes. Moreover, sustainability of price improvements is contingent upon sustained demand growth. Nuvoco is navigating these volatilities with resilience by prioritizing premiumization, geo-optimization, brand strength, and operational excellence.” Result PDF