SPEL Semiconductor Limited

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

		(Rupees in Lakhs)
No	Description
		Quarter Ended		Half Year Ended		2007-08 (Audited)
		Sep 30, 2008	Sep 30, 2007	Sep 30, 2008	Sep 30, 2007	2007-08 (Audited)
1.	Net Sales/Income from Operation	2347.84	1837.80	4531.15	3330.80	7281.33
2.	Expenditure
	a. Increase / Decrease in stock in trade and
	works in progress	123.88	(9.80)	66.08	(58.80)	(186.70)
	b. Consumption of Raw materials	1004.61	793.33	1940.20	1489.10	3107.39
	c. Purchase of traded goods	-	-	-	-	-
	d. Employee Cost	411.61	297.40	832.11	568.10	1201.44
	e. Depreciation	183.05	139.88	368.09	282.30	606.71
	f. Other Expenditure	389.62	274.79	738.33	551.10	1256.19
	h. Total	2112.77	1495.60	3944.81	2831.80	5985.03
	(Any item exceeding 10% of the total
	expenditure to be shown separately)
3	Profit from Operations before Other Income,
	Interest & Exceptional Items(1-2)	235.07	342.20	586.34	499.00	1296.31
4.	Other Income	53.90	33.30	97.82	42.40	366.87
5.	Profit before Interest & Exceptional items
	(3+4)	288.97	375.50	684.16	541.40	1663.18
6.	Interest	80.97	63.40	160.30	129.00	278.96
7.	Profit after Interest but before Exceptional
	items (5-6)	208.00	312.10	523.86	412.40	1384.22
8.	Exceptional items	-	-	-	-	292.08
9.	Profit(+)/Loss(-) from Ordinary activities
	before tax	208.00	312.10	523.86	412.40	1092.14
10.	Tax Expenses	67.47	143.70	178.55	183.50	361.03
11.	Net Profit(+)/Loss(-) from Ordinary activities
	after tax (9-10)	140.53	168.40	345.31	228.90	731.11
12.	Extraordinary items (net of tax expenses)	-	-			-
13.	Net Profit(+)/Loss(-) for the period (11-12)	140.53	168.40	345.31	228.90	731.11
14.	Paid-up Equity Share Capital [Face value
	of share Rs. 10/-each	4613.25	4609.70	4613.25	4609.70	4613.25
15.	Reserves Excluding Revaluation Reserves
	as per balance sheet of previous accounting	-	-	-	-	1369.10
	year
16.	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	0.30	0.37			1.59
	2. Diluted	0.30	0.37			1.58
	a. Basic and Diluted EPS after
	Extraordinary items for the period, for the
	year to date and for theprevious year
	(not to be annualized)
	1. Basic	0.30	0.37			1.59
	2. Diluted	0.30	0.37			1.58
17.	Public Shareholding
	a. Number of Shares	20306236	20270891	20306236	20270891	20306236
	b. Percentage of Shareholding	44.03%	43.99%	44.03%	43.99%	44.03%

Notes


a.	The above results were reviewed by the Audit Committee and taken on record by the Board at its meeting held on Oct 23, 2008

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.	During the Quarter, the Company has charged Rs.90.42 lakhs in grant of ESOS - 2007, which is in the vesting period.

h.	Company has only one segment i.e Integrated Circuits.




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