Valley Magnesite Company Limited announced earnings results for the second quarter ended September 30, 2018. For the second quarter, the company announced sales was INR 349,000 compared to INR 0 a year ago. Total revenue was INR 358,000 compared to INR 117,000 a year ago. Net loss was INR 170,000 compared to INR 340,000 a year ago. Basic loss per share was INR 0.16 compared to INR 0.32 a year ago. F or the half year, sales was INR 349,000 compared to INR 0 a year ago. Total revenue was INR 359,000 compared to INR 286,000 a year ago. Net loss was INR 811,000 compared to INR 763,000 a year ago. Basic loss per share was INR 0.86 compared to INR 0.77 a year ago.