ICICI Securities Ltd | Retail Equity Research India Cements reported a mixed set of numbers. While revenues were above our estimates, EBITDA, PAT were below our estimate mainly due to higher than estimated operating expenses. Revenues increased 6.7% YoY to | 1307.5 crore (above I-direct estimate: | 1,278.3 crore) mainly due to 11.1% YoY increase in volume while realisation fell 4.0% YoY Cement EBITDA/tonne dropped 10.6% YoY to | 892/tonne (vs. I-direct...