** Shares of furniture manufacturer Virco down as much as 21.2% at $12.85

** Stock set for its worst day since March 2020, if losses hold

** Co reports Q3 revenue of $82.6 mln, a decline of 1.9% YoY

** Q3 net income fell 17% to $8.4 mln, or 52 cents per share, vs 62 cents the previous year, hurt by higher freight and installation costs

** Including session's moves, stock is up 9.2% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com))