Melstar Information Technologies Limited announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced total revenue was INR 13.033 million compared to INR 39.890 million a year ago. Net loss was INR 5.793 million compared to net income of INR 16.961 million a year ago. Basic loss per share was INR 0.41 compared to basic earnings per share of INR 1.17 a year ago. For the nine months, total revenue was INR 40.760 million compared to INR 58.374 million a year ago. Net loss was INR 22.506 million compared to INR 17.471 million a year ago. Basic loss per share was INR 1.58 compared to INR 1.24 a year ago.