Panache Innovations Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was INR 46.947 million compared to INR 49.241 million a year ago. Net income was INR 1.123 million compared to INR 43,000 a year ago. Basic earnings per share was INR 0.26 compared to INR 0.01 a year ago. For the nine months, sales was INR 107.294 million compared to INR 89.995 million a year ago. Net income was INR 2.378 million compared to net loss of INR 846,000 a year ago. Basic earnings per share was INR 0.54 compared to basic loss per share of INR 0.19 a year ago.