Hero MotoCorp, country’s largest
two-wheeler maker has reported 10.86% decline in its net profit at Rs 548.58
crore for the first quarter ended June 30, 2013 against Rs 615.46 crore for the
same quarter last year. Net sales of the company declined by 1.30% to Rs
6,126.84 crore for the quarter under review, as against Rs 6,207.78 crore
during the same period of previous financial year.
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