Kandagiri Spinning Mills Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 4.577 million compared to INR 51.527 million a year ago. Net income was INR 0.031 million compared to net loss of INR 25.008 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to basic loss per share from continuing operations of INR 6.51 a year ago. For the nine months, total revenue was INR 15.462 million compared to INR 233.747 million a year ago. Net loss was INR 7.57 million compared to INR 64.444 million a year ago. Basic loss per share from continuing operations was INR 1.96 compared to INR 16.79 a year ago.