Andhra Paper Reports Net Sales at INR 346.48 Crore, up by 39.23 percent in Q3 FY22 - Papermart
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Andhra Paper Reports Net Sales at INR 346.48 Crore, up by 39.23 percent in Q3 FY22

The net sales turnover of Andhra Paper rose by 39.23 percent, that is, to INR 346.48 crore in Q3 FY22 as compared to INR 248.86 crore during Q3 FY21.

February 18, 2022

Andhra Paper
Image source: Andhra Paper Ltd.

Andhra Paper Ltd. has shared its quarterly financial results for the Q3 of FY22 that ended December 31, 2021. The net sales turnover rose by 39.23 percent to INR 346.48 crore as compared to INR 248.86 crore during the Q3 of the previous year.

The consolidated net profit of the pulp and paper manufacturer rose by 817.98 percent to INR 37.27 crore in the period as against INR 4.06 crore during the previous year quarter Q3 FY21.

The EBITDA in the October-December period of FY22 stood at INR 69.37 crore whereas it was INR 19.86 crore in the same period of the previous fiscal year, that is, it rose by 249.30 percent.