SPEL Semiconductor Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 22.2 million compared to INR 32.15 million a year ago. Revenue was INR 25.83 million compared to INR 34.13 million a year ago. Net loss was INR 88.46 million compared to INR 10.31 million a year ago. Basic loss per share from continuing operations was INR 1.92 compared to INR 0.22 a year ago. Diluted loss per share from continuing operations was INR 1.92 compared to INR 0.22 a year ago.
For the nine months, sales was INR 241.6 million compared to INR 69.07 million a year ago. Revenue was INR 250.99 million compared to INR 78.07 million a year ago. Net loss was INR 42.94 million compared to INR 63.86 million a year ago. Basic loss per share from continuing operations was INR 0.93 compared to INR 1.38 a year ago. Diluted loss per share from continuing operations was INR 0.93 compared to INR 1.38 a year ago.