Rapicut Carbides Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was INR 84.000 million compared to INR 134.900 million a year ago. Net loss was INR 1.800 million compared to net income of INR 5.900 million a year ago. Basic loss per share was INR 0.28 compared to basic earnings per share of INR 0.78 a year ago. For the full year, sales was INR 335.700 million compared to INR 462.500 million a year ago. Net loss was INR 800,000 compared to net income of INR 28.400 million a year ago. Basic loss per share was INR 0.19 compared to basic earnings per share of INR 4.95 a year ago.