Gujarat Raffia Industries Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was INR 68.365 million compared to INR 124.782 million a year ago. Net loss was INR 1.787 million compared to net income of INR 3.407 million a year ago. Basic loss per share was INR 0.33 compared to basic earnings per share of INR 0.63 a year ago. For the full year, sales was INR 337.606 million compared to INR 479.019 million a year ago. Net income was INR 3.282 million compared to INR 9.215 million a year ago. Basic earnings per share was INR 0.61 compared to INR 1.71 a year ago.