Karnavati Finance Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced net income was INR 8.453 million compared to net loss of INR 2.298 million a year ago. Basic earnings per share was INR 0.84 compared to basic loss per share of INR 0.23 a year ago. For the nine months, net income was INR 2.750 million compared to INR 1.504 million a year ago. Basic earnings per share was INR 0.27 compared to INR 0.15 a year ago.