Mahamaya Steel Industries Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was INR 958.491 million compared to INR 1,093.233 million a year ago. Net loss was INR 5.221 million compared to net income of INR 9.029 million a year ago. Basic loss per share was INR 0.38 compared to basic earnings per share of INR 0.67 a year ago. For the full year, sales was INR 3,577.518 million compared to INR 4,651.706 million a year ago. Net income was INR 24.150 million compared to INR 58.576 million a year ago. Basic earnings per share was INR 1.78 compared to INR 4.32 a year ago.