Kanishk Steel Industries Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was INR 626.144 million compared to INR 786.768 million a year ago. Net income was INR 1.340 million compared to INR 9.903 million a year ago. Basic earnings per share was INR 0.047 compared to INR 0.35 a year ago. For the nine months, sales was INR 2,038.997 million compared to INR 2,307.036 million a year ago. Net income was INR 6.515 million compared to INR 35.632 million a year ago. Basic earnings per share was INR 0.229 compared to INR 1.25 a year ago.