RPT-India's Hero Honda Q3 net up 32 pct, beats f'cast

Newswire

(Repeats story issued late on Thursday) MUMBAI, Jan 31 (Reuters) - India's top motorcycle maker, Hero Honda Motors Ltd , said on Thursday quarterly profit rose 32 percent, as its higher-margin bikes helped offset firm interest rates in the world's biggest market after China. Hero Honda, in which India's Hero Group and Japan's Honda Motor Co each hold 26 percent, has about half the market, which is expanding quickly on the back of rising incomes. Truck maker Daimler recently formed a ...

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