Welcast Steels Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 279.936 million compared to INR 694.402 million a year ago. Net loss was INR 4.924 million compared to net income of INR 7.076 million a year ago. Basic loss per share was INR 7.72 compared to basic earnings per share of INR 11.09 a year ago. For the full year, total revenue was INR 1,508.285 million compared to INR 2,701.208 million a year ago. Net loss was INR 2.829 million compared to net income of INR 18.390 million a year ago. Basic loss per share was INR 4.12 compared to basic earnings per share of INR 28.82 a year ago. Diluted loss per share was INR 4.12 compared to diluted earnings per share of INR 26.82 a year ago.