Banaras Beads Limited announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced total revenue was INR 33.922 million compared to INR 68.392 million a year ago. Operating income was INR 908,000 compared to INR 6.174 million a year ago. Net income was INR 658,000 compared to INR 4.174 million a year ago. Basic earnings per share was INR 0.1 compared to INR 0.63 a year ago. For the nine months, total revenue was INR 131.323 million compared to INR 188.546 million a year ago. Operating income was INR 10.327 million compared to INR 18.870 million a year ago. Net income was INR 7.577 million compared to INR 13.370 million a year ago. Basic earnings per share was INR 1.14 compared to INR 2.01 a year ago.