India's Ambuja Q3 net rises 11.5 pct, below f'cast
Reuters | HT Correspondent, Mumbai
Oct 19, 2007 03:58 PM IST
Ambuja Cements Ltd. , India's third biggest cement maker, said on Friday its quarterly net profit rose 11.5 per cent on higher prices, but missed analysts forecast.
Ambuja Cements Ltd.
Ambuja Cements, in which Switzerland's Holcim
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Total income rose to 13.18 billion rupees from 11.60 billion.
A Reuter's survey of 10 brokerages had forecast for a quarterly profit of 3.31 billion rupees on total income of 13 billion.
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