FY 2022-23 was a turbulent and disruptive year for businesses both on a global and domestic scale. International disputes to skyrocketing fuel and raw material prices adversely affected the infrastructure sector including Nuvoco. Despite this, Nuvoco has risen to the challenge, proving its mettle in this VUCA world, and emerging stronger and grittier than ever before.

As fifth-largest cement group in India in terms of capacity, with 60 (sixty) plus products across Cement, Ready-Mix Concrete (“RMX”) and Modern Building Materials (“MBM”) businesses, Nuvoco remains steadfast in its mission to be the Leading Building Materials Company Delivering Superior Performance for all our valued stakeholders.

Throughout FY 2022-23, we relentlessly pursued excellence across all categories, while maintaining an unwavering focus on Environmental, Social, and Governance (“ESG”) imperatives. Our actions and initiatives have propelled us towards future growth opportunities, aligning with our vision of Building a Safer, Smarter, and Sustainable World.

By investing in capacity expansion, targeting new markets, and fostering innovation within our increasingly sustainable product portfolio, we are committed to reducing our carbon footprint and minimising our use of natural resources. Simultaneously, we foster a high-performance culture, prioritise safety and community development.

Today, our convictions stand stronger than ever as we remain resolute in fulfilling our mission, along with driving growth with profitability. With an unwavering commitment to the highest standards of Execution Excellence, we have truly demonstrated - Growth with Resilience.