Gokak Textiles Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was INR 212.750 million compared to INR 399.834 million a year ago. Operating loss was INR 140.432 million compared to INR 105.541 million a year ago. Net loss was INR 129.742 million compared to INR 98.239 million a year ago. Basic loss per share was INR 19.96 compared to INR 15.12 a year ago. For the nine months, sales was INR 817.951 million compared to INR 1,408.820 million a year ago. Operating loss was INR 1,361.453 million compared to INR 224.254 million a year ago. Net loss was INR 341.006 million compared to INR 205.150 million a year ago. Basic loss per share was INR 52.47 compared to INR 31.56 a year ago.