Avantel Ltd. announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced total revenue was INR 141.793 million compared to INR 164.322 million a year ago. Net income was INR 33.119 million compared to INR 31.316 million a year ago. Basic earnings per share was INR 8.17 compared to INR 7.72 a year ago. For the nine months, total revenue was INR 367.392 million compared to INR 530.635 million a year ago. Net income was INR 63.549 million compared to INR 186.012 million a year ago. Basic earnings per share was INR 15.68 compared to INR 45.87 a year ago.