Shah Alloys Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was INR 1,175.7 million compared to INR 1,841.1 million a year ago. Net loss was INR 44.5 million compared to INR 74.4 million a year ago. Basic loss per share was INR 2.25 compared to INR 3.76 a year ago. For the full year, sales was INR 4,893.4 million compared to INR 5,700.2 million a year ago. Net loss was INR 46.6 million compared to net income of INR 75.2 million a year ago. Basic loss per share was INR 2.35 compared to basic earnings per share of INR 3.8 a year ago.