India: Ambuja Cements reported a 36% decline in its standalone net profit at US$23.6m for the third quarter of its 2016 fiscal year, which ended on 30 September 2015, due to an additional depreciation charge, among other factors. Its total standalone income fell by 4% to US$324m during the quarter.
Ambuja Cements’ third quarter 2016 net profit falls by 36%
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