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Andhra Paper standalone net profit declines 11.77% in the December 2019 quarter

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Capital Market

Sales decline 6.98% to Rs 349.94 crore

Net profit of Andhra Paper declined 11.77% to Rs 51.06 crore in the quarter ended December 2019 as against Rs 57.87 crore during the previous quarter ended December 2018. Sales declined 6.98% to Rs 349.94 crore in the quarter ended December 2019 as against Rs 376.18 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales349.94376.18 -7 OPM %27.6728.92 -PBDT98.14113.33 -13 PBT79.3996.36 -18 NP51.0657.87 -12

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First Published: Jan 29 2020 | 2:16 PM IST

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