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Hero MotoCorp Ltd (HROM.BO)

HROM.BO on Bombay Stock Exchange

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Wed, May 10 2017

Hero MotoCorp Q4 profit falls, misses estimates

May 10 India's Hero MotoCorp Ltd on Wednesday reported a 14 percent fall in its March-quarter net profit as a cash crunch following the government's ban on high-value currency notes hurt sales volume.

BRIEF-India's Hero MotoCorp March-qtr profit down about 14 pct

* Net profit in march quarter last year was 8.33 billion rupees as per ind-as; total income was 82.28 billion rupees

BRIEF-India's Hero MotoCorp says co seizes fake auto parts in raids

* Says co has conducted a series of raids on manufacturers and traders of spurious parts in past few months

BRIEF-Hero MotoCorp says March two-wheeler sales rise 0.6 pct

* Says sold 609,951 two-wheeler units in march 2017 versus 606,542 units last year

BRIEF-Hero Motocorp declares dividend of 55 rupees per share

* Says declares dividend of INR 55 per share Source text: (http://bit.ly/2mwmMTd) Further company coverage:

BRIEF-India's Hero MotoCorp February sales fall 4.8 pct y/y

* Says volumes gradually picking up with improvement in currency situation

BRIEF-Hero MotoCorp unveils new Glamour bike in global product launch

* Hero Motocorp Ltd says hero motocorp unveils modern new glamour in its first-ever global product launch

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