Panchmahal Steel Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 934.774 million compared to INR 694.156 million a year ago. Net income was INR 42.832 million compared to net loss of INR 53.203 million a year ago. Basic earnings per share from continuing operations was INR 2.25 compared to basic loss per share from continuing operations of INR 2.79 a year ago. For the nine months, total revenue was INR 2,307.52 million compared to INR 2,609.929 million a year ago. Net loss was INR 12.12 million compared to INR 68.421 million a year ago. Basic loss per share from continuing operations was INR 0.64 compared to INR 3.59 a year ago.