SPEL Semiconductor Limited reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2017. For the quarter, the company reported revenue of INR 114.3 million, up 25.74% compared to second quarter fiscal year 2017. EBITDA-adjusted was INR 24.586 million, up 183% compared to quarter fiscal year 2018. Total income was INR 123.949 million as compared to INR 96.738 million for the same period last year. Loss before exceptional items and tax was INR 5.206 million as compared to INR 24.539 million for the same period last year. Loss before tax was INR 5.206 million as compared to INR 24.539 million for the same period last year. Profit for the period from continuing operations was INR 6.875 million as compared to loss for the period from continuing operations of INR 21.575 million for the same period last year. Basic and diluted earnings per share was INR 0.15 as compared to basic and diluted loss per share of INR 0.47 for the same period last year.

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.