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Andhra Paper Q4 results: Net profit up 55% to Rs 93 crore

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New Delhi: Andhra Paper Ltd on Friday documented a 55.12 % increase in its net profit to Rs 92.92 crore for the fourth 1 / 4 ended March 2020.

It had posted a internet profit of Rs 59.90 crore in the January-March 2019 quarter, Andhra Paper said in a regulatory processing.

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

Andhra Paper’s total expenses was standing at Rs 234.42 crore as against Rs 285.45 crore, along 17.87 per cent.

Shares of Andhra Paper Limited on Friday settled in Rs 175 on the BSE, up 1.16 % from the previous close.

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