Welcast Steels Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced total revenue was INR 390.637 million compared to INR 737.125 million a year ago. Net income was INR 1.085 million compared to INR 6.147 million a year ago. Basic earnings per share was INR 1.7 compared to INR 9.63 a year ago. For the half year, total revenue was INR 815.523 million compared to INR 1,387.031 million a year ago. Net income was INR 3.772 million compared to INR 7.296 million a year ago. Basic earnings per share was INR 5.91 compared to INR 11.43 a year ago.