SPEL Semiconductor Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 32.15 million compared to INR 45.05 million a year ago. Revenue was INR 34.13 million compared to INR 48.02 million a year ago. Net loss was INR 10.31 million compared to INR 9.04 million a year ago. Basic loss per share from continuing operations was INR 0.22 compared to INR 0.2 a year ago. Diluted loss per share from continuing operations was INR 0.22 compared to INR 0.2 a year ago.
For the nine months, sales was INR 69.07 million compared to INR 136.04 million a year ago. Revenue was INR 78.07 million compared to INR 148.4 million a year ago. Net loss was INR 63.86 million compared to INR 24.97 million a year ago. Basic loss per share from continuing operations was INR 1.38 compared to INR 0.54 a year ago. Diluted loss per share from continuing operations was INR 1.38 compared to INR 0.54 a year ago.