India: Nuvoco Vistas recorded consolidated sales of US$315m during the third quarter of its 2023 financial year. This corresponds to a rise of 20% year-on-year from US$262m during the third quarter of the 2022 financial year. The producer's earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 13% year-on-year to US$33m from US$29.2m. As a result, the company was able to overcome increased costs to reduce its net loss by 12% to US$9.1m.
Third quarter of 2023 financial year yields increased sales and earnings for Nuvoco Vistas
URL: https://globalcement.com/news/item/15285-third-quarter-of-2023-financial-year-yields-increased-sales-and-earnings-for-nuvoco-vistas
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