Andhra Paper Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 5,708.6 million compared to INR 3,464.83 million a year ago. Revenue was INR 5,872.05 million compared to INR 3,538.48 million a year ago. Net income was INR 1,701.8 million compared to INR 372.69 million a year ago. Basic earnings per share from continuing operations was INR 42.79 compared to INR 9.37 a year ago. Diluted earnings per share from continuing operations was INR 42.79 compared to INR 9.37 a year ago.
For the nine months, sales was INR 15,074.97 million compared to INR 9,543.01 million a year ago. Revenue was INR 15,457.6 million compared to INR 9,830.5 million a year ago. Net income was INR 3,685.61 million compared to INR 822.85 million a year ago. Basic earnings per share from continuing operations was INR 92.67 compared to INR 20.69 a year ago. Diluted earnings per share from continuing operations was INR 92.67 compared to INR 20.69 a year ago.