Unaudited Financial Results for the Quarter And Nine Months ended 31st December, 2025 along with Limited Review Report thereon.
Awaiting price reaction for this filing.
XL Energy Ltd, currently under the Corporate Insolvency Resolution Process (CIRP), submitted its unaudited standalone results for Q3 and nine months ended December 31, 2025. The Resolution Plan approved by NCLT in April 2024 has not yet been implemented due to pending directions, procedural delays, and suspension of trading; NSE has filed an appeal in NCLT against the relisting order, which is still pending. For 9M FY26, the company reported a loss of about Rs 54.34 lakhs, slightly wider than the Rs 11.94 lakh loss in 9M FY25. However, Q3 FY26 turned in a marginal profit of Rs 0.02 lakhs versus a Rs 49.23 lakh loss in the year-ago quarter. Revenue from operations for the quarter stood around Rs 22 lakhs (mostly other income/exceptional items in nature given the company's insolvency status).
Shareholders face continued uncertainty as the insolvency process drags on, with relisting and resolution plan implementation still pending court decisions. Despite a small Q3 profit, the company remains loss-making on a year-to-date basis and is not operationally active, keeping the stock effectively suspended from trading.