NEW DELHI, Jan 23 (Reuters) - Rising prices of raw materials like steel and lower sales of vehicles to the armed forces hurt truck maker Ashok Leyland's operating profit margin in the third fiscal quarter to December, its managing director said on Friday. But margins are expected to recover in the fourth quarter, helped by a product price hike in December and higher sales of defence vehicles, R Seshasayee told Reuters by phone from the company's headquarters in the southern Indian city of ...
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