The Financial Express reported that Eicher Motors net profit for the quarter ended March 31st 2009 stood at INR 6.16 crore, while it had a net profit of INR 19.46 crore in the corresponding period previous fiscal.

Eicher Motors in a filing to the Bombay Stock Exchange said the commercial vehicles business of the company was transferred on a going concern basis to VE Commercial Vehicles Limited with effect from July 1st 2008. Hence, the current quarter figures are not comparable with the figures of corresponding previous quarter.

(Sourced from The Financial Express)