Welcast Steels Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 192.727 million compared to INR 412.826 million a year ago. Net income was INR 27.495 million compared to net loss of INR 1.477 million a year ago. Basic earnings per share from continuing operations was INR 43.08 compared to basic loss per share from continuing operations of INR 2.31 a year ago. For the nine months, total revenue was INR 735.237 million compared to INR 1,228.349 million a year ago. Net loss was INR 5.781 million compared to net income of INR 2.295 million a year ago. Basic loss per share from continuing operations was INR 9.06 compared to basic earnings per share from continuing operations of INR 3.6 a year ago.