RPT-Indian vehicle makers see mostly higher Q4 earnings

Newswire

(Repeats story issued on April 21) By Rina Chandran MUMBAI, April 21 (Reuters) - Indian vehicle makers are set to report mostly higher quarterly profits on stable raw material costs and modest sales growth, but high oil prices and firm interest rates could squeeze margins in coming quarters. Bajaj Auto Ltd. , India's number-two motorcycle maker, and top truck producer Tata Motors Ltd. could report earnings grew 51 and 30 percent respectively on new launches and sales of premium ...

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