Uttam Value Steels Limited reported unaudited earnings results for the first quarter ended June 30, 2017. For the quarter, the company’s net sales/income from operations was INR 8,028.9 million compared to INR 9,736.9 million a year ago. Loss from operations before exceptional items and tax were INR 791.7 million compared to INR 1,068.0 million a year ago. Loss before tax was INR 791.7 million compared to INR 1,068.0 million a year ago. Net loss after tax was INR 791.7 million or INR 0.12 per basic and diluted share before and after extraordinary items compared to INR 1,068.0 million or INR 0.16 per basic and diluted share before and after extraordinary items for the same period a year ago.