XL Energy posts Rs 308L FY26 loss; CIRP plan not yet fully implemented

Emphasis Of MatterPat NegativeNegative Operating CashflowRevenue DeclineDebt Equity ThresholdResults View source PDF

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

XL Energy, under CIRP, posted FY26 audited results: total income fell to Rs 30.70L from Rs 56.26L with zero revenue from operations. Net loss widened to Rs 308.11L from a profit of Rs 15.94L. EPS was Rs (19.24). Net worth is deeply negative at Rs (74,625.62)L with borrowings of Rs 75,068.84L. Auditor gave an unmodified opinion with an Emphasis of Matter on pending NCLAT appeal and non-implementation of the resolution plan. Shares remain suspended.

Likely market impact

Company remains under CIRP with deep losses, negative equity, and an unresolved NCLAT appeal; shares stay suspended. High risk for shareholders.