Andhra Paper Ltd.(NSE: ANDHRAPAP)| Q3 FY23 Results Out|Total Income rises 18.10% qoq

Andhra Paper Limited is a company that specializes in the production of writing and printing paper. The company was established in 1964 and has since grown to become one of the leading paper manufacturers in India. It offers a range of paper products, including notebooks, printing paper, and office stationery. The company is committed to producing high-quality paper products while also being environmentally responsible and socially responsible. Additionally, Andhra Paper Limited has invested in cutting-edge technology and equipment to ensure that its products meet the highest standards of quality and consistency.

Andhra Paper Limited has reported strong financial results for the period ended December 31, 2022. The company has seen growth in its total income, with a reported Rs. 587.2 crores during the period ended December 31, 2022 compared to Rs. 497.8 crores during the period ended September 30, 2022. This growth is reflected in the company’s net profit and earnings per share (EPS), with a reported net profit of Rs. 170.18 crores for the period ended December 31, 2022 compared to a net profit of Rs. 113.4 crores for the period ended September 30, 2022 and an EPS of Rs. 42.79 for the period ended December 31, 2022 compared to an EPS of Rs. 28.52 for the period ended September 30.

When comparing the results to the same period the previous year, the company has seen significant growth in total income, net profit, and EPS, with total income of Rs. 587.2 crores for the period ended December 31, 2022 compared to Rs. 353.8476 crores for the period ended December 31, 2021, a net profit of Rs. 170.18 crores for the period ended December 31, 2022 compared to a net profit of Rs. 37.2 crores for the period ended December 31, 2021, and an EPS of Rs. 42.79 for the period ended December 31, 2022 compared to an EPS of Rs. 9.37 for the period ended December 31, 2021. For the 9 months period ending December 31, 2022, the company has reported total income of Rs. 1545.7 crores compared to Rs. 983 crores