Inducto Steels Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced total revenue was INR 191.073 million compared to INR 531.922 million a year ago. Net income was INR 787,000 compared to INR 6.160 million a year ago. Basic earnings per share was INR 0.2 compared to INR 1.53 a year ago. For the half year, total revenue was INR 318.235 million compared to INR 532.815 million a year ago. Net income was INR 3.011 million compared to INR 3.856 million a year ago. Basic earnings per share was INR 0.75 compared to INR 0.96 a year ago.