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By Sonia Shenoy Feb 7, 2023 11:54:34 AM IST (Published)
Raw Material costs as a percentage of sales are likely to fall to 71 percent from 72 percent in the September period.
India's largest two-wheeler manufacturer Hero MotoCorp is likely to report a weak quarter for the October-December period as the company's volumes continue to remain under pressure.
A CNBC-TV18 poll expects the company's topline to remain flat from last year while operating and net profit may both decline in the low-single-digits year-on-year.
