Vallabh Steels Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 42.914 million compared to INR 263.879 million a year ago. Net loss was INR 44.354 million compared to INR 2.749 million a year ago. Basic loss per share was INR 8.96 compared to INR 0.56 a year ago. For the nine months, total revenue was INR 384.781 million compared to INR 941.001 million a year ago. Net loss was INR 110.612 million compared to net income of INR 1.244 million a year ago. Basic loss per share was INR 22.34 compared to basic earnings per share of INR 0.25 a year ago.