SPEL Semiconductor Ltd — Results, 24-05-2025: Integrated Filing

SPEL Semiconductor has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a loss of Rs 2104.66 lakhs for the year, with negative cash flows continuing as highlighted by auditors, raising doubts on its ability to operate as a going concern. To address this, SPEL is planning to sell 8.14 acres of surplus land and pursue government incentives under the India Semiconductor Mission 2.0, alongside seeking low-cost debt and new business collaborations. Total income stood at Rs 951.90 lakhs, while total expenditure was Rs 3100.91 lakhs, leading to the loss. Total assets are Rs 12,809.50 lakhs with liabilities at Rs 11,518.24 lakhs and net worth at Rs 1291.26 lakhs.