Andhra Paper Ltd Q2FY22 net profit declines QoQ to Rs. 18.87 crore

The Board of Directors of ANDHRA PAPER LIMITED, at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 358.6532 crore, against ₹158.7019 crore in the corresponding quarter of the previous year (YoY) and ₹270.5495 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹18.8732 crore, against ₹-15.9314 crore in the corresponding quarter of the previous year (YoY) and ₹26.1421 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹4.75, against ₹-4.01 in the corresponding quarter of the previous year (YoY) and ₹6.57 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 358.6532 crs	₹270.5495 crs	32.56%	₹158.7019 crs	125.99%
Net Profit	₹18.8732 crs	₹26.1421 crs	-27.81%	₹-15.9314 crs	218.47 %
EPS	₹4.75	₹6.57	-27.70%	₹-4.01	218.45%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹629.2027 crore, against ₹282.7813 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹45.0153 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-41.0066 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹11.32 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-10.31 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹629.2027 crs	₹282.7813 crs	122.51%
Net Profit	₹45.0153 crs	₹-41.0066 crs	209.78%
EPS	₹11.32	₹-10.31	209.80%

Shares of ANDHRA PAPER LIMITED was last trading in BSE at Rs. 240.85 as compared to the previous close of Rs. 233.90. The total number of shares traded during the day was 3893 in over 193 trades.

The stock hit an intraday high of Rs. 243.55 and intraday low of 235.10. The net turnover during the day was Rs. 942395.00.

Source : Equity Bulls

Keywords

AndhraPaper Q2FY22 H1FY22 ResultUpdate