Andhra Paper Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 4,820.34 million compared to INR 4,846.3 million a year ago. Revenue was INR 5,033.79 million compared to INR 4,978.42 million a year ago. Net income was INR 1,003.1 million compared to INR 1,134.32 million a year ago. Basic earnings per share from continuing operations was INR 25.22 compared to INR 28.52 a year ago. Diluted earnings per share from continuing operations was INR 25.22 compared to INR 28.52 a year ago.
For the six months, sales was INR 9,596.2 million compared to INR 9,366.37 million a year ago. Revenue was INR 10,025.78 million compared to INR 9,585.55 million a year ago. Net income was INR 2,188.56 million compared to INR 1,983.81 million a year ago. Basic earnings per share from continuing operations was INR 55.03 compared to INR 49.88 a year ago. Diluted earnings per share from continuing operations was INR 55.03 compared to INR 49.88 a year ago.