Shah Alloys Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 1,105.5 million compared to INR 1,281.7 million a year ago. Net income was INR 10.9 million compared to net loss of INR 34.4 million a year ago. Basic earnings per share was INR 1.36 compared to basic loss per share of INR 3 a year ago. For the nine months, total revenue was INR 3,724.7 million compared to INR 3,889.8 million a year ago. Net loss was INR 78.3 million compared to net income of INR 132.1 million a year ago. Basic loss per share was INR 0.1 compared to basic earnings per share of INR 7.55 a year ago.