INSUBCONTINENT EXCLUSIVE:
Ambuja Cements posted a 27 per cent increase in second-quarter profit on Wednesday, beating market estimates, helped by higher cement sales
and lower expenses.Standalone profit rose to Rs 499 crore ($72.60 million) in the quarter ended June 30, from Rs 392 crore a year earlier,
the Mumbai-based company said.Analysts on average had expected a standalone profit of Rs 310 crore, according to estimates by Thomson
Reuters.Cement sales volume rose to 6.37 million tonnes from 6.05 million tonnes a year earlier, said the company which is a unit of
