Kandagiri Spinning Mills Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was INR 48.303 million compared to INR 140.408 million a year ago. Net loss was INR 58.910 million compared to INR 23.056 million a year ago. Basic loss per share was INR 13.12 compared to INR 6.76 a year ago. For the full year, sales was INR 265.712 million compared to INR 695.463 million a year ago. Net loss was INR 123.250 million compared to INR 184.714 million a year ago. Basic loss per share was INR 29.89 compared to INR 48 a year ago.