SPEL’s Board considered the
Unaudited Financial Results for Q2 FY 2020-21. The Company had reported
increase in Sales (₹1.17 Crores) (Q2 sales ₹5.13 Crores) compared
to the previous quarter Sales of ₹3.96 Crores. This has resulted in loss
of ₹0.44 Crores compared to loss of ₹1.14 Crores in the previous
Quarter.
The Q2 results were improved due to relaxation of lock down by
Government resulting in resumption of production after shutdown of
factory for one month during the previous quarter. Production also
improved due to supply of critical imported raw materials.
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.
