Hero Honda Motors' Profit Unexpectedly Falls for First Time in Three Years

Hero Honda Motors Ltd. , Indias biggest motorcycle maker, reported its first quarterly decline in profit in almost three years as higher raw material costs eroded gains from selling more two-wheelers.

Hero Honda quarterly net down 1.6%, lags forecast

Hero Honda Motors, India's largest motorcycle maker, on Thursday reported a 1.6 per cent drop in quarterly net profit, below expectations as high raw material costs and other expenses impacted earnings.

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

(Repeats story issued late on Thursday)

Motorcycle sales fall in 2010

Motorcycle sales have fallen by 12 per cent in the first half of 2010.

Hero Honda qtrly net dips, margin pressure to continue

* June qtr net profit 4.92 bln rupees vs 5.97 bln consensus