Gem Spinners India Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 526,000 compared to INR 119.010 million a year ago. Net loss was INR 6.539 million compared to net income of INR 98.565 million a year ago. Basic loss per share was INR 0.11 compared to basic earnings per share of INR 1.61 a year ago. For the full year, total revenue was INR 526,000 compared to INR 119.095 million a year ago. Net loss was INR 11.914 million compared to net income of INR 76.526 million a year ago. Basic loss per share was INR 0.19 compared to basic earnings per share of INR 1.25 a year ago.