Andhra Paper Limited , a leading manufacturer of pulp, paper, and paperboards, has reported its financial results for the second quarter ended September 30, 2025. The company faced significant challenges during the period, resulting in a net loss and decreased revenue.

Financial Performance

Andhra Paper's financial performance for Q2 shows a marked decline compared to the same period last year:

The company's revenue from operations decreased by 7.97% year-over-year to Rs 362.08 crore. Andhra Paper reported a net loss of Rs 20.26 crore for the quarter, compared to a net profit of Rs 21.31 crore in the same quarter last year.

Operational Challenges

The company's performance was impacted by several factors during the quarter:

1. Worker Strike: Operations at the Rajahmundry manufacturing facility were interrupted due to a workers' strike from July 6 to July 12, 2025. The strike was called for demanding revision in wage settlement.

2. Temporary Lockout: Consequently, the company declared a lockout at the plant on July 13, 2025.

3. Planned Annual Outage: The company's production and earnings were further impacted by a planned annual maintenance outage for 14 days at the Rajahmundry manufacturing facility, which occurred from July 13 to July 26, 2025.

Half-Year Performance

For the half-year period, Andhra Paper posted a net profit of Rs 43.16 crore on revenue of Rs 755.50 crore. This indicates that despite the challenges in the second quarter, the company maintained profitability over the six-month period.

Business Segment

Andhra Paper Limited operates in pulp, paper, and paperboard manufacturing as its single business segment.

Conclusion

Andhra Paper Limited faced a challenging second quarter, with operational disruptions and a planned outage significantly impacting its financial performance. The company's focus on addressing labor relations and improving operational efficiency may be crucial for its performance in the coming quarters.

Andhra Paper Limited , a prominent player in the paper industry, has announced significant changes to its board committees, set to take effect from October 29, 2025. This strategic move aims to strengthen the company's corporate governance structure and enhance its operational efficiency.

Key Committee Changes

The company has reconstituted four major committees: Audit, Nomination and Remuneration, Stakeholders Relationship, and Risk Management. Here's a detailed breakdown of the new committee structures:

Notable Appointments

• Virendra Sinha: Takes on dual leadership roles as the chairman of both the Audit Committee and the Nomination and Remuneration Committee.
• Ramesh Kumar Aggarwal and Papia Sengupta: Join as new members of the Audit Committee.
• Deepak Jalan: Appointed as a new member in both the Nomination and Remuneration Committee and the Risk Management Committee.
• Virendraa Bangur: Assumes the role of chairman for the Stakeholders Relationship Committee.

Balanced Composition

The reconstituted committees reflect a balanced mix of executive and non-executive directors, with a strong presence of independent directors. This composition aims to ensure objective decision-making and effective oversight of the company's operations.

Compliance and Transparency

Andhra Paper Limited has made these changes in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company has promptly disclosed this information to the stock exchanges and made it available on its official website, demonstrating its commitment to transparency and regulatory compliance.

These strategic changes in the board committees are expected to enhance Andhra Paper Limited's corporate governance practices, potentially leading to improved decision-making processes and stakeholder confidence in the company's management.