Ashirwad Steels & Industries Limited announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced total revenue was INR 6.264 million compared to INR 50.842 million a year ago. Net income was INR 312,000 compared to INR 1.683 million a year ago. Basic earnings per share was INR 0.02 compared to INR 0.13 a year ago. For the nine months, total revenue was INR 35.930 million compared to INR 180.254 million a year ago. Net loss was INR 2.379 million compared to net income of INR 2.059 million a year ago. Basic loss per share was INR 0.19 compared to basic earnings per share of INR 0.16 a year ago.