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Andhra Paper standalone net profit rises 356.61% in the December 2022 quarter

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Capital Market

Sales rise 64.76% to Rs 570.86 crore

Net profit of Andhra Paper rose 356.61% to Rs 170.18 crore in the quarter ended December 2022 as against Rs 37.27 crore during the previous quarter ended December 2021. Sales rose 64.76% to Rs 570.86 crore in the quarter ended December 2022 as against Rs 346.48 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales570.86346.48 65 OPM %41.4817.90 -PBDT251.7468.25 269 PBT236.1850.26 370 NP170.1837.27 357

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First Published: Jan 31 2023 | 3:07 PM IST

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