SPEL Semiconductor Limited

Unaudited Financial Results (Provisional) for the quarter ended Sep 30, 2009

	(Rupees in Lakhs)
Description	Quarter Ended		Half Year Ended		2008-09 (Audited)
Description	Sep 30, 2009	Sep 30, 2008	Sep 30, 2009	Sep 30, 2008	2008-09 (Audited)
1. Net Sales/Income from
Operation	2096.73	2347.84	4082.79	4531.15	8100.26
2. Expenditure
a. (Increase) / Decrease in
stock in trade and work in
progress	(51.96)	123.88	27.94	66.08	(123.35)
b. Raw Materials	1030.75	1004.61	2003.76	1940.20	3537.46
c. Employee Cost	-	-	-	-
d. Employee Cost	332.51	411.61	649.02	832.11	1324.59
e. Depreciation	209.77	183.05	413.83	368.09	830.45
f. Other Expenditure	331.97	389.62	620.68	738.33	1468.56
Total	1853.04	2112.77	3715.23	3944.81	7037.71
3. Profit from Operation before	66.07	77.73	85.95	80.97
other Income, Interest &
Exceptional items (1-2)	234.69	235.07	367.56	586.34	1062.55
4. Other Income	25.80	53.90	54.23	97.82	222.28
5. Profit before Interest &
Exceptional items (3+4)	269.49	288.97	421.79	684.16	1284.83
6. Interest	52.74	80.97	118.81	160.30	323.98
7. Profit after Interest but before
Exceptional items (5-6)	216.75	208.00	302.98	523.86	960.85
8. Exceptional Items	-	-	-	-	-
9. Profit from Ordinary activities
before tax	216.75	208.00	302.98	523.86	960.85
10. Tax Expenses	73.68	67.47	83.13	178.55	337.31
11. Net Profit from Ordinary	-	-	-	-	-
activities after tax (9-10)	143.07	140.53	219.85	345.31	623.54
12. Extraordinary items (net of tax
expenses)	-	-	-	-	-
13. Net Profit for the period (11-12)	143.07	140.53	219.85	345.31	623.54
14. Paid-up Equity Share Capital				0.30
[Face value of share Rs. 10/-
each]	4613.25	4613.25	4613.25	4613.25	4613.25
15. Reserves excluding
Revaluation Reserves as per
balance sheet of previous
accounting year	-	-	-	-	1420.58
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	0.31	0.30	0.48	0.75	1.35
2. Diluted	0.31	0.30	0.47	0.74	1.35
b. 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	0.31	0.30	0.48	0.75	1.35
2. Diluted	0.31	0.30	0.47	0.74	1.35
17. Public Shareholding
a. Number of Shares	20306236	20306236	20306236	20306236	20306236
b. Percentage of Shareholding	44.03%	44.03%	44.03%	44.03%	44.03%
18. Promoters and promoter group
shareholding
a. Pledged / Encumbered
1.Number of Shares	-	-	-	-	-
2. Percentage of Shares (as a
% of the total shareholding
of promoter and promoter
group)	-	-	-	-	-
3. Percentage of Shares (as a
% of the total share capital
of the company)	-	-	-	-	-
b. Non-encumbered
1.Number of Shares	25811207	25811207	25811207	25811207	25811207
2. Percentage of Shares (as a
% of the total shareholding
of promoter and promoter
group)	100.00%	100.00%	100.00%	100.00%	100.00%
3. Percentage of Shares (as a
% of the total share capital
of the company)	55.97%	55.97%	55.97%	55.97%	55.97%

Notes

a.	The above results were reviewed by the Audit Committee and taken on record by the Board at its meeting held on Oct 21, 2009.
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 Quarter. Complaints received: 1, Complaints resolved: 1, 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.	Company has only one segment i.e Integrated Circuits.
g.	No provision has been made for Fringe Benefit Tax (FBT) for the quarter ended Sep 30, 2009 as the same has been abolished in the Finance (no.2) Bill, 2009
h.	Provision for taxation has been determined based on the existing rates.


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