SPEL Semiconductor Limited Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2017; Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2018
For the six months, the company reported total income was INR 243.721 million as compared to INR 179.363 million for the same period last year. Loss before exceptional items and tax was INR 18.930 million as compared to INR 46.906 million for the same period last year. Loss before tax was INR 18.930 million as compared to INR 46.906 million for the same period last year. Loss for the period from continuing operations was INR 6.849 million as compared to INR 40.985 million for the same period last year. Basic and diluted loss per share was INR 0.15 as compared to INR 0.89 for the same period last year.
The modest improvement trend is expected to continue in third quarter and results will improve on a full year basis.