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Andhra Paper standalone net profit declines 51.54% in the December 2023 quarter

Sales decline 16.52% to Rs 476.58 crore

Net profit of Andhra Paper declined 51.54% to Rs 82.47 crore in the quarter ended December 2023 as against Rs 170.18 crore during the previous quarter ended December 2022. Sales declined 16.52% to Rs 476.58 crore in the quarter ended December 2023 as against Rs 570.86 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales476.58570.86 -17 OPM %23.0041.48 -PBDT132.92251.74 -47 PBT116.20236.18 -51 NP82.47170.18 -52

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First Published: Feb 02 2024 | 3:39 PM IST

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