Hero Honda Motors Ltd has reported net sales of Rs 4296.6 crore, showing a growth of 12.2%. PAT was at Rs 491.7 crore, less by 1.7% over the corresponding period in the last fiscal. The profit fall was despite record sales. It had net profit of Rs 500.1 crore in the same quarter a year earlier. Operating margin was at 14% as against 17.0%. Total unit sales for Q3 stands at 1,234, 039 units, as against 1,118,987 units. Raw material costs as a percentage of sales increased from 67.6% to 71.2% YOY. Sales realizations per unit improved by Rs 66 to Rs 34,558 per vehicle as compared to March quarter realizations of 34,492.