SPEL Semiconductor Limited

Unaudited Financial Results (Provisional) for the quarter ended Jun 30, 2008

		(Rupees in Lakhs)
No	Description
		Quarter Ended		2007-08 (Audited)
		Jun 30, 2008	Jun 30, 2007	2007-08 (Audited)
1.	Net Sales/Income from Operation	2183.31	1493.01	7281.33
2.	Other Income	33.92	9.11	366.87
3.	Total Income (1+2)	2227.23	1502.12	7648.20
4.	Total Expenditure
	a. Increase / Decrease in stock in trade and works
	in progress	(57.80)	(49.04)	(186.70)
	b. Consumption of Raw materials	935.59	695.80	3107.39
	c. Purchase of traded goods	-	-	-
	d. Employee Cost	420.50	267.62	1201.44
	e. Depreciation	185.04	142.43	606.71
	f. Other Expenditure	348.71	279.38	1256.19
	h. Total	1832.04	1336.19	5985.03
5.	Interest	79.33	65.62	278.96
6.	Exceptional items	-	-	292.08
7.	Profit(+)/Loss(-) from Ordinary activities before tax
	(3)-(4+5+6)	315.86	100.31	1092.13
8.	Tax Expenses	111.08	39.78	361.03
9.	Net Profit(+)/Loss(-) from Ordinary activities after tax
	(7-8)	204.78	60.53	73.11
10.	Extraordinary items (net of tax expenses)	-	-	-
11.	Net Profit(+)/Loss(-) for the period (9-10)	204.78	60.53	73.11
12.	Paid-up Equity Share Capital [Face value of share
	Rs. 10/-each	4613.25	4552.20	4613.25
13.	Reserves Excluding Revaluation Reserves as per
	balance sheet of previous accounting year	-	-	1369.10
14.	Earnings per share (in Rs.)
	a. Basic and Diluted EPS before Extraordinary
	items for the period, for the year to date and for
	the previous year (not to be annualized)
	1. Basic	0.44	0.13	1.59
	2. Diluted	0.44	0.13	1.58
	a. Basic and Diluted EPS after Extraordinary items
	for the period, for the year to date and for the
	previous year (not to be annualized)
	1. Basic	0.44	0.13	1.59
	2. Diluted	0.44	0.13	1.58
15.	Public Shareholding
	a. Number of Shares	20306236	19695836	20306236
	b. Percentage of Shareholding	44.03%	43.28%	44.03%

Unaudited (Consolidated) Financial Results (Provisional) for the quarter ended Jun 30, 2008

		(Rupees in Million)
No	Description
		Quarter Ended		2007-08 (Audited)
		Jun 30, 2008	Jun 30, 2007	2007-08 (Audited)
1.	Sales	2183.31	1493.01	7281.33
2.	Net Profit	207.06	58.44	728.81
3.	Earning Per Share - (Rs.)
	a. Basic	0.45	0.13	1.59
	b. Diluted	0.45	0.13	1.58

Notes


a.	The above results were reviewed by the Audit Committee and taken on record by the Board at its meeting held on Jul 28, 2008,and a limited review of the same has been carried out by the statutory Auditors of the Company

b.	Previous year figures have been regrouped to make them comparable to the current year

c.	No Investor complaint was pending to be resolved at the beginning of the year. Complaints received:3 Complaints resolved:3 Complaints pending : Nil

d.	The company has provided Deferred Tax in accordance with Accounting Standard 22

e.	Company has provided minimum alternative tax as per Income Tax Act, however taken credit of the same in pursuant to entitlement under Sec.115JAA of IT Act.

f.	The impact on restatement of external commercial borrowings pursuant to AS 11 will be provided for in the results for the year ending Mar 31, 2009.

g.	Company has charged Rs.83.13 lakhs in grant of ESOS - 2007, during vesting period.

h.	Company has only one segment i.e Integrated Circuits. SPEL America Inc is an Integral Foreign operation of the holding Company relating to Integrated Circuits. The above consolidated profit and loss are related to Integrated Circuit segment only.




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