Axtel Industries Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 285.657 million compared to INR 295.991 million a year ago. Net income was INR 44.497 million compared to INR 55.593 million a year ago. Basic earnings per share was INR 2.75 compared to INR 3.44 a year ago. For the nine months, total revenue was INR 785.568 million compared to INR 823.328 million a year ago. Net income was INR 86.000 million compared to INR 129.840 million a year ago. Basic earnings per share was INR 5.32 compared to INR 8.04 a year ago.