Andhra Paper standalone net profit rises 77.59% in the March 2022 quarter

Sales rise 17.56% to Rs 425.93 crore

Net profit of Andhra Paper rose 77.59% to Rs 57.45 crore in the quarter ended March 2022 as against Rs 32.35 crore during the previous quarter ended March 2021. Sales rose 17.56% to Rs 425.93 crore in the quarter ended March 2022 as against Rs 362.31 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 139.73 crore in the year ended March 2022 as against net loss of Rs 4.60 crore during the previous year ended March 2021. Sales rose 55.65% to Rs 1380.23 crore in the year ended March 2022 as against Rs 886.75 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales425.93362.31 18 1380.23886.75 56 OPM %19.2016.45 -16.016.87 - PBDT95.7162.42 53 260.3671.59 264 PBT77.5344.53 74 188.35-1.79 LP NP57.4532.35 78 139.73-4.60 LP

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