MUMBAI, Oct 25 (Reuters) - India's top vehicle maker, Tata Motors Ltd. , expects pressure on margins to continue due to high steel and fuel prices, its executive director, finance, Praveen Kadle said on Tuesday.
The company reported on Tuesday a lower-than-expected 9.4 percent increase in July-September net profit at 3.38 billion rupees.
He said he expected modest demand growth of 8-10 percent.