Victory Paper and Boards India Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 45.154 million compared to INR 25.493 million a year ago. Net loss was INR 14.494 million compared to net income of INR 370,000 a year ago. Basic loss per share was INR 1.07 compared to basic earnings per share of INR 0.03 a year ago. For the nine months, total revenue was INR 117.513 million compared to INR 30.371 million a year ago. Net loss was INR 49.452 million compared to net income of INR 1.013 million a year ago. Basic loss per share was INR 3.66 compared to basic earnings per share of INR 0.08 a year ago.