RPT-Hero Honda qtrly net dips, margin pressure to continue

Newswire

(Repeats story issued late on Thursday) * June qtr net profit 4.92 bln rupees vs 5.97 bln consensus * High raw material and emission norms costs hit profits * Margins to be under pressure in current qtr (Adds details, analyst comments and background) By Janaki Krishnan MUMBAI, July 29 (Reuters) - India's Hero Honda Motors , on Thursday reported a 1.6 percent dip in quarterly net profit, its first decline in 11 quarters, and analysts said margins would remain under pressure in the ...

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