Rainbow Foundations Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 42.139 million compared to INR 47.260 million a year ago. Net income was INR 6.062 million compared to INR 843,000 a year ago. Basic earnings per share was INR 1.1 compared to INR 0.15 a year ago. For the nine months, total revenue was INR 164.535 million compared to INR 141.859 million a year ago. Net income was INR 17.258 million compared to INR 6.779 million a year ago. Basic earnings per share was INR 3.13 compared to INR 1.23 a year ago.