Aarvee Denims and Exports Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 1,115.569 million compared to INR 1,769.496 million a year ago. Net loss was INR 81.941 million compared to net income of INR 3.217 million a year ago. Basic loss per share was INR 3.49 compared to basic earnings per share of INR 0.14 a year ago. For the nine months, total revenue was INR 4,481.437 million compared to INR 5,733.744 million a year ago. Net loss was INR 498.078 million compared to net income of INR 6.935 million a year ago. Basic loss per share was INR 21.23 compared to basic earnings per share of INR 0.3 a year ago.