Nuvoco Vistas Corporation Q2 FY25 results (Jul–Sep 2024) and concall

Nuvoco Vistas reported a challenging Q2 FY25 with revenue at ₹2,269 crores and EBITDA at ₹229 crores, impacted by a 5% YoY volume decline and a 2.7% QoQ drop in realization per ton. The company focused on a 'value over volume' strategy, achieving a record 43% premium product share and reducing operating costs by ₹50 per ton. Despite macroeconomic headwinds and pricing pressures, Nuvoco maintained a declining net debt trend, ending the quarter at ₹4,501 crores, and expressed optimism for H2 demand recovery.