Uttam Value Steels Limited reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2017. For the quarter, net sales/income from operation was INR 6,737.3 million against INR 8,765.6 million a year ago. Loss from operation before exceptional item and taxes was INR 755.7 million against INR 526.9 million a year ago. Loss before tax was INR 755.7 million against INR 526.9 million a year ago. Net loss was INR 755.7 million or INR 0.11 per basic and diluted share against INR 526.9 million or INR 0.08 per basic and diluted share a year ago. For the six months, net sales/income from operation was INR 14,983.6 million against INR 18,604.7 million a year ago. Loss from operation before exceptional item and tax was INR 1,547.5 million against INR 1,594.9 million a year ago. Loss before tax was INR 1,547.5 million against INR 1,594.9 million a year ago. Net loss was INR 1,547.5 million or INR 0.23 per basic and diluted share against INR 1,594.9 million or INR 0.24 per basic and diluted share a year ago.