Last Updated : May 29, 2020 10:24 PM IST | Source: PTI

Andhra Paper Q4 net profit up 55% to Rs 93 crore

Andhra Paper's total expenses stood at Rs 234.42 crore as against Rs 285.45 crore, down 17.87 per cent.

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Andhra Paper Ltd on Friday reported a 55.12 per cent increase in its net profit to Rs 92.92 crore for the fourth quarter ended March 2020. It had posted a net profit of Rs 59.90 crore in the January-March 2019 quarter, Andhra Paper said in a regulatory filing.

Its revenue from operations was down 25.49 per cent to Rs 279.66 crore during the January-March 2020 period, against Rs 375.38 crore in the corresponding quarter a year ago.

Andhra Paper's total expenses stood at Rs 234.42 crore as against Rs 285.45 crore, down 17.87 per cent.

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Shares of Andhra Paper Ltd on Friday settled at Rs 175 on the BSE, up 1.16 per cent from the previous close.
First Published on May 29, 2020 10:21 pm
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