XL Energy Limited

XL Energy Limited

XL Energy Limited, a company currently undergoing Corporate Insolvency Resolution Process (CIRP) with an approved Resolution Plan, has reported its audited financial results for the quarter and financial year ended March 31, 2026. The results, approved by the Monitoring Committee and the newly constituted board/Successful Resolution Applicant, show no revenue from operations for both periods. The company incurred a significant loss of INR 253.78 Lakhs in Q4 FY26 and a full-year loss of INR 308.11 Lakhs, a substantial deterioration from the prior year's profits. This reflects continued financial distress post-CIRP initiation.