XL Energy Limited reported audited standalone earnings results for the fourth quarter and audited standalone and consolidated results for the full year ended March 31, 2015. For the quarter, on standalone basis, the company reported net sales/income from operations (net of excise duty) was INR 0.00 million against INR 0.317 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 7.667 million against INR 15.378 million a year ago. Loss from ordinary activities before tax was INR 6.502 million against INR 15.609 million a year ago. Net loss for the period was INR 6.502 million or INR 0.29 basic and diluted per share before and after extraordinary items (not annualized) against INR 5.694 million or INR 0.25 basic and diluted per share after extraordinary items (not annualized) a year ago.

For the year, on standalone basis, the company reported net sales/income from operations (net of excise duty) was INR 17.248 million against INR 19.688 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 28.223 million against INR 55.891 million a year ago. Loss from ordinary activities before tax was INR 27.765 million against INR 55.271 million a year ago. Net loss for the period was INR 27.765 million or INR 1.22 basic and diluted per share before and after extraordinary items (not annualized) against INR 55.271 million or INR 2.43 basic and diluted per share after extraordinary items (not annualized) a year ago.

For the year, on consolidated basis, the company reported net sales/income from operations (net of excise duty) was INR 77.505 million against INR 79.200 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 26.518 million against INR 53.524 million a year ago. Loss from ordinary activities before tax was INR 27.202 million against INR 53.806 million a year ago. Net profit for the period was INR 121.412 million or INR 1.19 basic and diluted per share after extraordinary items (not annualized) against net loss of INR 33.440 million or INR 2.36 basic and diluted per share after extraordinary items (not annualized) a year ago.