Nuvoco Vistas Corp, the cement division of the Nirma Group, has set a clear target to bring the profitability of its Gujarat operations in line with its North India business within the next two to three years.
Managing Director Jayakumar Krishnaswamy outlined the strategic roadmap, emphasizing that the company is actively expanding capacity, strengthening its distribution network, and ramping up sales volumes in the region to achieve this parity.
The move signals a shift toward more balanced regional performance for the cement producer.
Historically, Nuvoco’s North India operations have delivered stronger margins, while Gujarat has faced competitive pressures and lower realization rates.
By aligning the profitability profiles of these two key markets, the company aims to stabilize its overall earnings trajectory and reduce regional volatility.
This strategic focus follows a period of solid financial performance for the group.