SPEL Board considered the
Audited Financial Results for the FY 2019-20. Reported revenue from
operations during the year was ₹36.53 Crores as against ₹26.33 Crores
during the previous FY. The profit for FY 2019-20 was ₹1.05 Crores
compared to loss of ₹10.73 Crores during FY 2018-19.
The management was able to successfully implement various cost effective
measures, which resulted in profits during current Financial Year.
Management is also exploring the possibilities of augmenting Sales
through additional funding to attract new Customers & to meet Customer
specific requirements.
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
companies.
