Mughal Iron & Steel Industries Limited announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was PKR 7,218.042 million compared to PKR 6,861.743 million a year ago. Net income was PKR 33.217 million compared to PKR 361.713 million a year ago. Basic earnings per share was PKR 0.13 compared to PKR 1.44 a year ago. For the nine months, sales was PKR 21,296.708 million compared to PKR 20,938.021 million a year ago. Net income was PKR 399.703 million compared to PKR 1,074.712 million a year ago. Basic earnings per share was PKR 1.59 compared to PKR 4.27 a year ago.