SPEL Semiconductor Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 22.8 million compared to INR 22.2 million a year ago. Revenue was INR 26.6 million compared to INR 25.83 million a year ago. Net loss was INR 42.64 million compared to INR 88.46 million a year ago. Basic loss per share from continuing operations was INR 0.92 compared to INR 1.92 a year ago. Diluted loss per share from continuing operations was INR 0.92 compared to INR 1.92 a year ago.
For the nine months, sales was INR 96.21 million compared to INR 70.28 million a year ago. Revenue was INR 107.06 million compared to INR 79.66 million a year ago. Net loss was INR 120.3 million compared to INR 68.64 million a year ago. Basic loss per share from continuing operations was INR 2.61 compared to INR 1.49 a year ago. Diluted loss per share from continuing operations was INR 2.61 compared to INR 1.49 a year ago.