XL Energy Limited announced unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 13.865 million compared to INR 2.663 million for the same period a year ago. Loss from operations before other income, finance cost and exceptional items was INR 13.344 million compared to INR 16.965 million for the same period a year ago. Loss from ordinary activities before tax was INR 13.590 million compared to INR 16.965 million for the same period a year ago. Net loss for the period was INR 13.590 million or INR 0.60 per basic and diluted share before and after extraordinary items compared to INR 7.050 million or INR 0.31 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the six months, the company reported net sales/income from operations (net of excise duty) of INR 16.975 million compared to INR 13.048 million for the same period a year ago. Loss from operations before other income, finance cost and exceptional items was INR 16.803 million compared to INR 29.747 million for the same period a year ago. Loss from ordinary activities before tax was INR 17.049 million compared to INR 29.747 million for the same period a year ago. Net loss for the period was INR 17.049 million or INR 0.75 per basic and diluted share before and after extraordinary items compared to INR 19.832 million or INR 0.87 per basic and diluted share before and after extraordinary items for the same period a year ago.