Nuvoco Vistas Corporation · tone and specificity signals across the available quarters.
Language signals
Petcoke prices went all the way to 2 rupees 56 per million cal. Actually so we refused to book at those prices. We kind of curtailed booking at much lower... 205 or 215 was the number which we booked, so that is helping us.
All these capacities which we are installing, commissioning in expanding in East was not needed to sell products for FY27. It will be needed in FY28 only. Right now we are not hard pressed for capacity.
In the next three years there are going to be only max three and at the best two... and with market growing at 7-8% conservatively, very soon in the next 18 to 24 months capacity utilization of the entire east will again cross 80%. And if you were to go to 80%, pricing will become stronger.
Volumes grew 7% year on year to 5 million tons, the highest Q3 volumes ever recorded in our company's history. December was particularly strong with volume growth of 20% demonstrating our strong execution capabilities and the resilience of underlying demand.
Our premium product sustained their share of trade volumes at a historic high of 44% marking the consecutive quarter at this elevated level. We have consistently expanded our premium base over time. For the 9 months of FY26, premium stood at 43% reflecting a steady uplift of nearly 300 basis points over the FY25 baseline of 40%.
We continue to work on three aspects: AFR agenda in north plants; using domestic open market coal for the first time in many years in north plants; reducing petcoke consumption from high of 48% to 41% now. With this petcoke substitution, we would be able to offset the rise in petcoke prices.