February 14, 2025

BSE LIMITED Department of Corporate Affairs Phiroze Jeejeebhoy Tower Dalal Street Mumbai-400001

Dear Sir/Madam,

Scrip Code: 517166

Sub: Integrated Financials Filing for the Quarter ended Dec 31,2024

Pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024, read with BSE Circular No. 20250102-4 dated January 02, 2025 , we are submitting herewith the Integrated Financial Filing for the quarter ended December 31, 2024.

This is for your kind information and records.

Thanking You, Yours faithfully

For SPEL SEMICONDUCTOR LIMITED

P P64 —_—

P.Balamurugan Head (Operations & Whole time Director) DIN: 07480881

SPEL Semiconductor Limited CIN : L32201TN1984PLC011434

eMail : [email protected] Website : www.natronix.net

Independent Auditor's Limited Review Report on Unaudited Standalone Financial Results for the quarter ended December 31, 2024 of SPEL Semiconductor Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Review Report to The Board of Directors, SPEL Semiconductor Limited

We have reviewed the accompanying statement of unaudited standalone financial results of SPEL Semiconductors Limited (the Company') for the quarter and period ended 31%t December 2024. This statement, is the responsibility of the Company's Management and has been approved by the Board of Directors, has been prepared in accordance with the applicable Indian Accounting Standards (Ind AS) specified under Section 133 of the Companies Act, 2013. Our Responsibility is to issue a report on these financial statements based on our review.

We conducted our review in accordance with the Standard on Review Engagements (SRE) 2410, 'Review of interim Financial Information performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Basis for Qualified Review

We draw reference to accompanying statement where in the Company has incurred losses and generated negative cash flows during the period under review and in earlier years. The above indicates that a material uncertainty exists that may cast significant doubt on Company's ability to continue as a going concern. Pending resolution of the above uncertainty, the Company has prepared the aforesaid statement on going concern basis.

Based on our review conducted as above, except for the effects of the matters described above, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with applicable Indian Accounting Standards (Ind AS') prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other recognised accounting practices and policies, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

for Venkatesh & Co Chartered Accountants FRN: 004636S CA Hrishikesh D

Partner M No: 272865

UDIN:25272865BMLKXM3152 Chennai., 14" February 2025

B. STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PUBLIC ISSUE, RIGHTS ISSUE, PREFERENTIAL ISSUE, QUALIFIED INSTITUTIONS PLACEMENT ETC — Not Applicable

C. FORMAT FOR DISCLOSING OUTSTANDING DEFAULT ON LOANS AND DEBT SECURITIES

There is no default on loans and debt securities for the Quarter ended December 31, 2024.

D. FORMAT FOR DISCLOSURE OF RELATED PARTY TRANSACTIONS (applicable only for halfyearly filings ie. 2nd and 4th quarter) — Not Applicable

E. STATEMENT ON IMPACT OF AUDIT QUALIFICATIONS (FOR AUDIT REPORT WITH MODIFIED OPINION) SUBMITTED ALONG-WITH ANNUAL AUDITED FINANCIAL RESULTS (Standalone and Consolidated separately) (applicable only for Annual Filing i.e., 4th quarter) — Not Applicable

SPEL Semiconductor Limited

eMail :[email protected]

Website : www.natronix.net

SPEL Semiconductor Limited

Regd. Office: 5 CMIDA, Industrial Estate, Maraimalai nagar (Chennai) 603 209 CIN: L3220LTN1984PLC011434 eMail ID: [email protected] Website: www.spel.com Statement of Unaudited Financials for the Quarter ended Dec 31, 2024

	SPE"		SPEL		Semiconductor		Limited
							an IC Assembly & Test Company


			SPEL Semiconductor Limited
	CIN: L3220LTN1984PLC011434			eMail ID: [email protected]	Regd. Office: 5 CMIDA, Industrial Estate, Maraimalai nagar (Chennai) 603 209	Website: www.spel.com
					Statement of Unaudited Financials for the Quarter ended Dec 31, 2024
						(Rs. in Lakhs)
			Quarter Ended			Year Ended
		31.12.24	30.09.24	31:12.23	31.12.24	31.12.23	31.03.24
Sno	Particulars		Unaudited Unaudited Unaudited Unaudited			Unaudited	Audited
	Income Revenue from
	1 Operations	1,88.56	1,39.14	2,27.97	5,41.17	9.62.14	12,00.41
	2 Other Income Total Income	42.75	34.05	38.02	TAS.3F	1,08.43	1,40.96
	3 (1+2)	2,31.31	1,73.19	2,65.99	6,59.55	10,70.57	13,41.37

4	Expenses a. Cost of Materials
	Consumed b. Changes in	59.79	46.48	1,01.79	1,88.07	4.12.49	4,77.24
	inventories of finished
	goods and work in progress	1.89	(3.42)	2.54	(7.30)	9.15	1.07
	c. Employee Benefits Expense	74.20	71.89	89.96	22? 02	333.17	3,94.84
	d. Finance Cost	62.53	76.10	67.96	2,09.40	4,88.89	2,57.02
	e. Depreciation and
	Amortisation Expense f. Power and Fuel	67.41 59.64	67.43 62.09	72.56 55.56	2,02:27 1,86.12	2.15.35 1,94.07	2,87.91 2,50.64
	g. Other expenses	62.43	97.29	70.86	2,45,42	2,31.42	3,32.54
	Total expenses	3,87.88	4,17.85	4,61.23	12,46.01	15,84.53	20,02.16
	Profit/ (Loss) before Exceptional items
	(3-4)	(1,56.58)	(2,44.67)	(1.95.24)	(5.86.46)	(5,13.95)	(6,60.79)
	6 Exceptional items Profit/ (Loss) from	(3,29.20)		(2.22.19) __ (2,45.30)	(7,25.37)	(7,13.78)	_9,76.17
	7 before tax(5-6)	(4,85.77)	(4,66.86)	(4,40.54)	(13,114.83)	_(12,27.74)	_(16,36.96)
8	Tax Expense
	1) Current tax
	a) Current Period	-	-	-	-	-	-
	b- Prior Period C) Deferred tax	3	'	'	ss	&	é
	charge/(Credit) Total Tax expense	(3.30)	(2.25)	(14.17)	(6.76)	(24.77)	41.78
	(a+b)	(3.30)	(2.25)	(14.17)	(6.76)	(24.77)	41.78
	Profit/ (Loss) for the 9 year (7-8)	(4,82.47)	(4,64.61)	(4.26.37)	(13,05.07)	(12,02.96)	(16,78.74)
	Other comprehensive income / (Loss)
	A (i) Items that will
	10 not be reclassified to Profit or Loss	-	-	~	-	-	-

	(ii) Income tax
	relating to items that will not be reclassified to Profit or Loss	24.24		(3.11)	24.24	(9.33)	33.80

CIN : L82201TN1984PLC011434 eMail : [email protected] Website : www.spel.com

SPEL- SPEL Semiconductor Limited

				SPEL		Semiconductor		Limited
	SPEL-							an IC Assembly & Test Company
		B (i) Items that will be reclassified to Profit
	or Loss	(ii) Income tax relating to items that
	Profit or Loss Other	will be reclassified to
		Comprehensive Income (10A+10B)	24.24		(3.11)	24.24	(9.33)	33.80
	Total	comprehensive income / (Loss) for
14		the period (9+10) Paid-up Equity Share Capital (Face value of	(4,58.23)	(4.64.61)	(4,29.48)	(12,80.83)	(12,12.29)	(16,44.94)
12		Rs 10/- Per Share) (Face value of Rs 10/- Per Share)	4,613.25	4,613.25	4,613.25	4,613.25	4,613.25	4,613.25
13	balance sheet	Other Equity as per						(13,05.20)
14		Earnings Per Share (EPS) of Rs 10/- each (Not annualised)
	a) Basic b) Diluted		(1.05) (1.05)	(1.04) (1.01)	(.92) (.92)	(2.83) (2.83)	(2.61) (2.61)	(3.64) (3.64)
Notes:
				1.The above results were submitted to the Audit Committee for review and recommendation for
		above unaudited financial results.		approval by the Board of Directors. The results were reviewed and approved by the Board of Directors in the Meeting held on Feb 14, 2025. The Statutory Auditor has conducted a			limited review on the
				2.The Head (Operation) and wholetime Director, based on the internal business reporting system, identified that the Company has only one segment viz. manufacture and sale of Integrated Circuits.
				Accordingly, there are no other reportable segments in terms of Ind AS 108 'Operating Segments'.
		3. Exceptional Items consists of :					(% in Lakh)
Particulars			Quarter Ended			Year Ended	Year Ended
				31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024
a. Credit balances/FG written back		=	-	(69.77)	(9,10.75)	(2,14.56)	(2,98.66)
b. Written Off	Inventory	3,29.19	2.22.19	3.15.07	1,85.38	9.28.34	1,274.83

Notes:

	(Not annualised)

b) Diluted		(1.05)	(1.01)	(.92)	(2.83)	(2.61)
Notes:
	1.The above results were submitted to the Audit Committee for review and recommendation for approval by the Board of Directors. The results were reviewed and approved by the Board of Directors in the Meeting held on Feb 14, 2025. The Statutory Auditor has conducted a above unaudited financial results.					limited review on the
	2.The Head (Operation) and wholetime Director, based on the internal business reporting system, identified that the Company has only one segment viz. manufacture and sale of Integrated Circuits. Accordingly, there are no other reportable segments in terms of Ind AS 108 'Operating Segments'.
	3. Exceptional Items consists of :					(% in Lakh)

Particulars		Quarter Ended			Year Ended	Year Ended
			31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024
a. Credit balances/FG written back	=	-	(69.77)	(9,10.75)	(2,14.56)	(2,98.66)
Inventory b. Written Off	3,29.19	2.22.19	3.15.07	1,85.38	9.28.34	1,274.83

an IC Assembly & Test Company

The previous period figures have been regrouped / reclassified wherever necessary to conform to current period.

For and on behalf of the Board of Directors

Date: Feb 14, 2025 Head Operations'& Whole-Time Director

Place : Chennai P. Balamurugan

AI assistant

SPEL Semiconductor Ltd. Interim / Quarterly Report 2024

60798_rns_2025-02-14_1672f147-a8a2-4e0d-bc50-f17d8ba7f70a.pdf

Sub: Integrated Financials Filing for the Quarter ended Dec 31,2024