Andhra Paper Ltd Q1 FY2023-24 net profit falls QoQ to Rs. 118.54 crores

ANDHRA PAPER LIMITED has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 499.1982 crores during the period ended June 30, 2023 as compared to Rs. 603.9120 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 118.5460 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 153.9016 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 29.81 for the period ended June 30, 2023 as compared to Rs. 38.70 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 499.1982 crs	₹603.9120 crs	-17.34%
Net Profit	₹118.5460 crs	₹153.9016 crs	-22.97%
EPS	₹29.81	₹38.70	-22.97%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 499.1982 crores during the period ended June 30, 2023 as compared to Rs.460.7136 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.118.5460 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.84.9489 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.29.81 for the period ended June 30, 2023 as compared to Rs.21.36 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 499.1982 crs	₹460.7136 crs	8.35%
Net Profit	₹118.5460 crs	₹84.9489 crs	39.55%
EPS	₹29.81	₹21.36	39.56%

Shares of ANDHRA PAPER LIMITED was last trading in BSE at Rs. 430.95 as compared to the previous close of Rs. 431.30. The total number of shares traded during the day was 18394 in over 1286 trades.

The stock hit an intraday high of Rs. 438.00 and intraday low of 426.00. The net turnover during the day was Rs. 7935269.00.

Source : Equity Bulls

Keywords

AndhraPaper Q1FY24 ResultUpdate