Q1FY17 Results: Revenues grew a modest 7% YoY to Rs74bn (vol. growth of 6%, with motorcycle growth of 3.4% and scooters rising 30%. Realization rose 1% YoY to Rs42K/unit. HMCL's operational performance was excellent with EBITDA margins at 16.6% (highest since Q4FY10), with gross margins...