Akar Auto Industries Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was INR 443.597 million compared to INR 599.689 million a year ago. Net loss was INR 48.351 million compared to net income of INR 16.633 million a year ago. Basic loss per share was INR 4.48 compared to basic earnings per share of INR 1.54 a year ago. For the full year, sales was INR 1,988.267 million compared to INR 2,777.888 million a year ago. Net loss was INR 30.613 million compared to net income of INR 52.111 million a year ago. Basic loss per share was INR 2.84 compared to basic earnings per share of INR 4.83 a year ago.