SPEL Semiconductor Limited, is surging ahead on its proven track record. Announcing its unaudited results, SPEL reported sales of Rs. 179.10 million (29% growth compared to the same quarter last year) with PAT of Rs. 19.13 million (66% growth compared to the same quarter last year). This has helped India’s First & Only IC Assembly & Test Company surpass its own performance yet again. Compared to the previous quarter ending Sep 30, 2007 SPEL has improved its production with PAT increasing by 14%.

All investments made this year have been fully utilized thereby reflecting the increased financials. SPEL recorded its highest ever revenue of $2 million in November 2007. With this achievement, SPEL has crossed another important milestone in its growth path. SPEL is committed to firmly establishing itself as the Natural Destination for global Customers seeking cost effective Assembly & Test services. The sustained performance will enable SPEL to further excel due to the strong demand experienced by its existing Customers, thereby making the outlook bright.

With an increasing Customer base to its credit, SPEL is surging ahead speared by an experienced Management, dedicated Employees, excellent Vendor relations and a very good profitability track record. SPEL aims to further increase its capacity from the current 425 million units per annum.

SPEL’s ICs are used globally in consumer electronic applications such as Cell Phones, PDAs, Digital Cameras, Desktop PCs, Notebook Computers & Automobiles.