XL Energy Limited reported audited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the year ended March 31, 2016. For the quarter on standalone basis, the company reported net sales/income from operations of INR 3.197 million against INR 0.00 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 10.286 million against INR 7.667 million a year ago. Loss from ordinary activities before tax was INR 9.62 million against INR 6.502 million a year ago. Net loss for the period was INR 9.62 million or INR 0.42 per share basic and diluted before and after extraordinary items against INR 6.502 million or INR 0.29 per share basic and diluted before and after extraordinary items a year ago. For the year on standalone basis, the company reported net sales/income from operations of INR 3.197 million against INR 17.248 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 24.174 million against INR 28.223 million a year ago. Loss from ordinary activities before tax was INR 23.884 million against INR 27.765 million a year ago. Net loss for the period was INR 23.884 million or INR 1.05 per share basic and diluted before and after extraordinary items against INR 27.765 million or INR 1.22 per share basic and diluted before and after extraordinary items a year ago. For the year on consolidated basis, the company reported net sales/income from operations of INR 28.613 million against INR 77.505 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 47.475 million against INR 25.518 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 47.348 million against INR 27.202 million a year ago. Net loss for the period was INR 47.348 million or INR 2.08 per share basic and diluted before and after extraordinary items against INR 27.512 million or INR 1.21 per share basic and diluted before and after extraordinary items a year ago.