Valley Magnesite Company Limited announced earnings results for the fourth quarter ended March 31, 2019. For the fourth quarter, the company announced net loss was INR 765,000 compared to net income of INR 5.847 million a year ago. Basic loss per share was INR 0.73 compared to basic earnings per share of INR 5.56 a year ago. For the full year, net loss was INR 926,000 compared to net income of INR 4.867 million a year ago. Basic loss per share was INR 0.88 compared to basic earnings per share of INR 4.63 a year ago.