Nuvoco Vistas Corporation has reported net consolidated profit after tax of Rs 31.03 crore during the quarter ended December 30, 2023. It had registered loss after tax of Rs 75.29 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income and gains stood at Rs 2,431.87 crore in Q3 FY24, a dip of 6.78 per cent from Rs 2,608.76 crore it recorded in the similar quarter last year.
As on December 30, 2023, its net worth stood at Rs 8,885.93 crore, debt-equity ratio was 0.52, total debts to total assets was 24.28%, current liability ratio was 44.21%, operating margin was 17.26% and net profit margin was 1.30%.
The consolidated cement sales volume for the company stood at 4.02 MMT in Q3 FY24. It commissioned a 1.2 MMTPA Cement Mill at Haryana Cement Plant, taking the overall cement capacity to 25 MMTPA. It achieved improvement of 5% year-on-year in alternate fuel rate (AFR) to 14% in Q3 FY24.
