Andhra Paper Limited (502330) Q2 25/26 earnings summary

Executive summary

• Unaudited financial results for the quarter and six months ended September 30, 2025, were reviewed and approved by the Board and auditors, with an unmodified review report issued.

• Operations were disrupted in July 2025 due to a workers' strike and a 14-day planned annual outage at the Rajahmundry facility, impacting production and earnings.

Financial highlights

• Revenue from operations for Q2 FY26 was ₹36,207.93 lakhs, down from ₹43,228.00 lakhs in Q2 FY25 and ₹39,342.06 lakhs in Q1 FY26.

• Net loss after tax for Q2 FY26 was ₹2,026.23 lakhs, compared to a net profit of ₹4,172.40 lakhs in Q2 FY25 and a net profit of ₹2,130.54 lakhs in Q1 FY26.

• Total comprehensive loss for Q2 FY26 was ₹2,279.08 lakhs, versus a profit of ₹5,149.66 lakhs in Q2 FY25.

• Earnings per share (not annualised) for Q2 FY26 was ₹(1.02), compared to ₹2.10 in Q1 FY26 and ₹3.49 in Q2 FY25.

Outlook and guidance

• Management expects normal operations to continue following the resolution of the strike and completion of the annual outage.