Welcast Steels Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 412.826 million compared to INR 624.398 million a year ago. Net loss was INR 1.477 million compared to net income of INR 4.018 million a year ago. Basic loss per share was INR 2.31 compared to basic earnings per share of INR 6.3 a year ago. For the nine months, total revenue was INR 1,228.349 million compared to INR 2,006.806 million a year ago. Net income was INR 2.295 million compared to INR 11.314 million a year ago. Basic earnings per share was INR 3.6 compared to INR 17.73 a year ago.