Board of Directors
considered the Unaudited Financial Results for the H1 FY 2018-19 in the
meeting held on Nov 14th. Sales during Q2 has increased to ₹6.03 Crores
compared to ₹4.52 Crores during previous quarter Q1 i.e. increase of
34%. Loss during current quarter has reduced to ₹1.28 crores from ₹4.11
Crores during Q1 i.e. decrease of 67%.
The above results show that Company’s resurgence in operations through
Promoter funding of around ₹4 Crores during current quarter. With the
combined effect of Promoter funding and Management efforts, your company
is poised to perform well during H2.
SPEL Semiconductor Limited is India’s first & only
Semiconductor IC Assembly & Test facility. SPEL pioneered the Outsourced
Semiconductor Assembly & Test Services (OSAT) market in India and
continues to steadily do so. SPEL is a trusted & strategic contract
manufacturing partner for many of the world's leading Semiconductor