Andhra Paper Limited (502330) Q3 24/25 earnings summary

Executive summary

• Revenue from operations for the quarter ended December 31, 2024 was ₹38,570.20 lakhs, down from ₹47,657.69 lakhs in the same quarter last year and ₹43,228.00 lakhs in the previous quarter.

• Net profit after tax for the quarter was ₹1,164.87 lakhs, a significant decrease from ₹4,172.40 lakhs year-over-year and ₹2,893.97 lakhs sequentially.

• Operations were impacted by a planned annual outage at the Kadiam facility and an earlier illegal workers strike at the Rajahmundry plant.

Financial highlights

• Total income for the quarter was ₹40,100.02 lakhs, compared to ₹50,070.02 lakhs in the same quarter last year.

• Total expenses for the quarter were ₹38,392.56 lakhs, compared to ₹38,449.98 lakhs year-over-year.

• Earnings per share (EPS) for the quarter was ₹0.59, down from ₹4.15 in the same quarter last year.

Outlook and guidance

• Plant operations at Rajahmundry resumed after a brief lockout in January 2025 following an amicable settlement with workers.

• Management utilized the Kadiam outage for equipment upgrades and modernization, expected to benefit future operations.