Vallabh Steels Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced total revenue was INR 118.325 million compared to INR 283.671 million a year ago. Net loss was INR 43.695 million compared to net income of INR 2.016 million a year ago. Basic loss per share was INR 8.83 compared to basic earnings per share of INR 0.41 a year ago. For the half year, total revenue was INR 341.867 million compared to INR 677.122 million a year ago. Net loss was INR 66.258 million compared to net income of INR 3.993 million a year ago. Basic loss per share was INR 13.39 compared to basic earnings per share of INR 0.81 a year ago.