Victory Paper and Boards India Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 80.829 million compared to INR 76.451 million a year ago. Net income was INR 768,000 compared to INR 27.399 million a year ago. Basic earnings per share was INR 0.06 compared to INR 2.03 a year ago. For the full year, total revenue was INR 198.342 million compared to INR 106.822 million a year ago. Net loss was INR 48.684 million compared to net income of INR 28.414 million a year ago. Basic loss per share was INR 3.61 compared to basic earnings per share of INR 2.1 a year ago.