Andhra Paper standalone net profit declines 65.19% in the March 2021 quarter

Sales rise 29.55% to Rs 362.31 crore

Net profit of Andhra Paper declined 65.19% to Rs 32.35 crore in the quarter ended March 2021 as against Rs 92.92 crore during the previous quarter ended March 2020. Sales rose 29.55% to Rs 362.31 crore in the quarter ended March 2021 as against Rs 279.67 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 4.60 crore in the year ended March 2021 as against net profit of Rs 212.92 crore during the previous year ended March 2020. Sales declined 30.16% to Rs 886.75 crore in the year ended March 2021 as against Rs 1269.70 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales362.31279.67 30 886.751269.70 -30 OPM %16.4523.42 -6.8723.82 - PBDT62.4268.94 -9 71.59311.70 -77 PBT44.5349.81 -11 -1.79235.80 PL NP32.3592.92 -65 -4.60212.92 PL

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