Andhra Paper Limited (NSE: ANDHRAPAP) is an Indian paper manufacturing company based in Rajahmundry, Andhra Pradesh. It was established in 1964 and produces a range of paper products including writing and printing paper, newsprint, and packaging paper. The company has a strong market presence in South India and is known for its high-quality products and efficient distribution network. Over the years, Andhra Paper Limited has expanded its product portfolio and modernized its manufacturing facilities to keep pace with changing market demands.
The company’s total income for the period ending December 31, 2022 was INR 587.20 cr, an increase from INR 497.84 cr in September 2022. The company’s expenses for the period ending December 31, 2022 were INR 351.02 cr, which was slightly higher than expenses in September 2022. The company’s profit before tax was INR 236.18 cr for December 2022, which was an increase from INR 142.58 cr in September 2022. Andhra Paper’s net profit after tax was INR 170.18 cr for December 2022, which was an increase from INR 113.43 cr in September 2022.