India's Ambuja Cements fourth-quarter profit rises on tax gains
May 4 (Reuters) - India's Ambuja Cements ABUJ.NS reported a rise in fourth-quarter profit after tax on Monday, helped by tax gains and higher other income. The Adani Group-owned cement maker posted a profit after tax of 16.44 billion rupees ($173.06 million) for the quarter ended March 31, up nearly threefold from a year earlier. ($1 = 94.9950 Indian rupees) (Reporting by Bipasha Dey in Bengaluru; Editing by Rashmi Aich and Ronojoy Mazumdar) ((Bipasha.Dey@thomsonreuters.com;))
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