Shares of Nuvoco Vistas surged by 8% after the company reported robust financial results for Q4, demonstrating notable year-on-year growth. As of 11 AM, the shares were trading 8.13% higher at Rs 345.20.
For the quarter, Nuvoco Vistas saw a 4% increase in consolidated revenue, reaching Rs 3,042 crore compared to Rs 2,933 crore in the same period last year.
The company’s EBITDA also witnessed a significant jump, rising 12.4% to Rs 552 crore from Rs 491 crore in the previous year. This improvement was complemented by a rise in margins, which climbed to 18.1%, up from 16.7% year-on-year, indicating operational efficiency.
Nuvoco Vistas’ net profit soared by 65%, reaching Rs 166 crore compared to Rs 100 crore in Q4 of the previous year.
Nuvoco Vistas shares opened at ₹351.00 and reached a high of ₹354.05, with a low of ₹337.00. The stock’s 52-week high stands at ₹385.65, while the 52-week low is ₹287.05.
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