Madhusudan Industries Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 26.279 million compared to INR 5.409 million a year ago. Net income was INR 18.899 million compared to INR 2.981 million a year ago. Basic earnings per share was INR 3.52 compared to INR 0.55 a year ago. For the nine months, total revenue was INR 41.366 million compared to INR 11.883 million a year ago. Net income was INR 26.242 million compared to net loss of INR 0.125 million a year ago. Basic earnings per share was INR 4.88 compared to basic loss per share of INR 0.02 a year ago.