February 20, 2017 / 12:51 PM / 6 months ago

BRIEF-Ambuja Cements Dec-qtr profit rises about 60 pct

Feb 20 (Reuters) - Ambuja Cements Ltd

* Dec quarter net profit 1.76 billion rupees

* Dec quarter net sales 21.97 billion rupees

* Net profit in Dec quarter last year was 1.10 billion rupees; net sales was 23.56 billion rupees

* Says recommended final dividend of 1.20 rupees per share

* Says expect good cement growth in 2017

* Says favourable growth in cement demand in H1 2016 was impacted in h2 2016 due to strong monsoon and demonetisation Source text: (bit.ly/2kZlSLo) Further company coverage:

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