Panchmahal Steel Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced total revenue was INR 839.325 million compared to INR 1,098.724 million a year ago. Net loss was INR 9.849 million compared to net income of INR 8.019 million a year ago. Basic loss per share was INR 0.52 compared to basic earnings per share of INR 0.42 a year ago. For the half year, total revenue was INR 1,915.774 million compared to INR 2,179.637 million a year ago. Net loss was INR 15.219 million compared to net income of INR 21.997 million a year ago. Basic loss per share was INR 0.8 compared to basic earnings per share of INR 1.15 a year ago.