Adarsh Mercantile Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 2.901 million compared to INR 4.205 million a year ago. Net income was INR 642,000 compared to INR 3.186 million a year ago. Basic earnings per share was INR 0.17 compared to INR 0.87 a year ago. For the nine months, total revenue was INR 6.764 million compared to INR 7.385 million a year ago. Net loss was INR 957,000 compared to net income of INR 3.508 million a year ago. Basic loss per share was INR 0.26 compared to basic earnings per share of INR 0.95 a year ago.