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Nuvoco Vistas Corporation hosted a conference call on Oct 16, 2025. In
the conference call the company was represented by Mr Jayakumar Krishnaswamy-MD
and Mr Maneesh Agrawal-CFO.
Key takeaways of the call
Q2 FY2026 was marked by numerous key events including unusually intense
and prolonged monsoon across the company’s key markets. The monsoon arrived
earlier than usual and extended well into the latter part of the quarter.
Secondly, the company navigated the implementation of revised GST rates,
which required facilitating with channel partners for smooth transition and
compliance, the reduction of GST rate on cement from 28% to 18% is a
structurally positive move for the sector. This step should enhance affordability
for infra and housing and benefiting both the industry and end-users in the
long term. The company has passed on all the benefit to the end customers.
Thirdly, this quarter was al...
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