Categories Earnings
Earnings | Andhra Paper Limited (NSE: ANDHRAPAP): Q4FY23 Results Out; Total Income rises 36% YoY.
Andhra Paper is a paper manufacturing company that produces writing & printing paper, copier paper, and a wide range of specialty paper. The company operates two manufacturing facilities in Andhra Pradesh, with a total paper manufacturing capacity of 807 TPD and a warehouse capacity of 6,500 tonnes. About 84% of its sales come from the domestic market, while the remaining 16% come from exports. Andhra Paper’s specialty paper products are used in diverse applications, such as photos, batteries, cups, charts, and packing solutions.
- Andhra Paper Limited reported Total Income for Q4 FY23 of ₹604 Crore up from ₹442 Crore year on year, a growth of 36%.
- Total Expenses for Q4 FY23 of ₹380 Crore up from ₹364 Crore year on year, a growth of 4%.
- Consolidated Net Profit of ₹154 Crore, up 170% from ₹57 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹38.70, up 168% from ₹14.44 in the same quarter of the previous year.
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