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Indian Subcontinent - 18 October 2017

UltraTech achieves better-than-expected 3Q17 results

India’s leading cement maker, UltraTech Cement, has reported a smaller-than-expected fall in net profits, as the company works to integrate the cement assets of Jaiprakash Associates.


ACC reports positive 3Q17 results

ACC seems to have blown away the post-demonetisation blues that had hit the Indian cement industry, reporting an almost doubling of net profits in 3Q17.