Andhra Paper Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 5,901.59 million compared to INR 4,259.32 million a year ago. Revenue was INR 6,039.12 million compared to INR 4,420.67 million a year ago.

Net income was INR 1,539.02 million compared to INR 574.47 million a year ago. Basic earnings per share from continuing operations was INR 38.7 compared to INR 14.44 a year ago. Diluted earnings per share from continuing operations was INR 38.7 compared to INR 14.44 a year ago.