Unaudited Financial Results of the company for the Quarter And Half Year ended 30th September, 2025 along with Limited Review Report thereon.
Awaiting price reaction for this filing.
XL Energy, currently under CIRP with a Resolution Plan approved by NCLT in April 2024, reported unaudited results for Q2 FY26 (Jul-Sep 2025). Revenue from operations stood at Rs. 22.00 lakhs in Q2 FY26 versus Rs. 20.98 lakhs in the same quarter last year, while total expenses jumped sharply to Rs. 71.23 lakhs (vs Rs. 37.68 lakhs YoY). The company posted a loss after tax of Rs. (49.23) lakhs for the quarter, widening the half-yearly loss to Rs. (54.26) lakhs (vs Rs. (18.85) lakhs loss in H1 FY25). The balance sheet shows total assets of just Rs. 450.09 lakhs against borrowings of Rs. 74,484 lakhs and negative other equity of Rs. (74,231) lakhs, reflecting severe financial stress. Operating cash flow was negative at Rs. (47.03) lakhs. The auditor issued an unmodified Limited Review Report.
Shareholders should note that the company remains deeply distressed with negative net worth, near-zero operations, and a loss much larger than its revenue base, indicating serious going-concern issues despite the approved Resolution Plan.