Akar Auto Industries Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 463.689 million compared to INR 672.476 million a year ago. Net income was INR 1.429 million compared to INR 10.842 million a year ago. Basic earnings per share was INR 0.13 compared to INR 1.01 a year ago. For the nine months, total revenue was INR 1,544.711 million compared to INR 2,178.774 million a year ago. Net income was INR 17.738 million compared to INR 35.479 million a year ago. Basic earnings per share was INR 1.64 compared to INR 3.29 a year ago.