Kanel Industries Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 202,000 compared to INR 750,000 a year ago. Net loss was INR 310,000 compared to INR 956,000 a year ago. Basic eps was INR 0 compared to basic loss per share of INR 0.01 a year ago. For the nine months, total revenue was INR 403,000 compared to INR 412.144 million a year ago. Net loss was INR 1.514 million compared to INR 3.893 million a year ago. Basic loss per share was INR 0.01 compared to INR 0.02 a year ago.