SPEL's Board considered the Audited Financial Results for the FY 2019-20. Reported revenue from operations during the year was ₹36.53 Crores as against ₹26.33 Crores during the previous FY. The profit of FY 2019-20 was ₹1.05 Crores compared to loss of ₹10.73 Crores during FY 2018-19.
The Management was able to successfully implement various cost effective measures, which resulted in profits during current Financial Year.
Management is also exploring the possibilities of augmenting Sales through additional funding to attract new Customers & to meet Customer specific requirements.
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