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SPEL on profit mode
NT Bureau - Chennai, Oct 31:

SPEL Semiconductor Limited is surging ahead on its growth path. The company has reported a sales of Rs 140.30 mllion (26 per cent growth compared to the same quarter last year) with net operating profit of Rs 10.02 million (38 per cent growth compared to same quarter last year). This has helped the homegrown chip company further sustain its performance over the last five years. Compared to the previous quarter, SPEL has improved its sales byover 13 per cent and profit by 45 per cent.

Due to sustained performance, SPEL has now successfully wiped off all its accumulated losses and is on an accumulated profit mode

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