Ambuja Cement (ACEM)’s standalone EBITDA was up 1% YoY to INR8.0b (vs.est. of INR9.3b). EBITDA/t came in at INR837 (est. INR1,038) and OPM stoodat 16.7% (vs. est. 19.8%). PAT (adjusted for loss on the sale of Sanghi’s sharein open market) was INR5.4b (vs. est. INR6.3b).