Quarterly Result15 Apr 2026, 03:21 pm
SPEL Semiconductor reports Q3 FY26 net loss; approves land sale
AI Summary
SPEL Semiconductor Ltd's Board of Directors, in a meeting held on April 15, 2026, approved the unaudited financial results for the quarter ended December 31, 2025. The company reported a significant net loss of ₹12,46.53 lakhs for the quarter. To address liquidity concerns, the Board also approved the sale of 3.8 acres of land from its immovable property to mobilize funds. The meeting commenced at 10 AM and concluded at 2:50 PM, noting the Statutory Auditors' Limited Review Report on the financial results.
Key Highlights
- Board approved unaudited financial results for Q3 FY26.
- Company reported a net loss of ₹12,46.53 lakhs for the quarter.
- Approved sale of 3.8 acres of land to improve liquidity.
- Statutory Auditors' Limited Review Report was noted by the Board.