Andhra Petrochemicals Reports Quarterly Profit Amid Half-Year Losses
Andhra Petrochemicals Limited (APL) reported a profit before tax of Rs. 110.47 lakhs for Q2 FY2026, a turnaround from Q1's loss of Rs. 930.49 lakhs. Q2 total income was Rs. 17,371.69 lakhs, up from Q1's Rs. 14,842.52 lakhs. Despite this, H1 FY2026 saw a loss of Rs. 820.02 lakhs. Q2 revenue from operations was Rs. 16,764.30 lakhs. Cost of materials consumed increased to Rs. 13,876.04 lakhs in Q2. As of September 30, 2025, total assets were Rs. 63,036.37 lakhs with an equity base of Rs. 51,455.44 lakhs. APL faces ongoing legal challenges regarding land lease renewal with Visakhapatnam Port Authority.

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Andhra Petrochemicals Limited (APL) has reported a mixed financial performance for the quarter and half-year ended September 30, 2025. The company's unaudited financial results, approved by the Board of Directors on November 1, 2025, reveal a turnaround in quarterly performance despite ongoing challenges.
Quarterly Performance
APL posted a profit before tax of Rs. 110.47 lakhs for the quarter ended September 30, 2025, marking a significant improvement from the previous quarter's loss of Rs. 930.49 lakhs. This turnaround is particularly noteworthy given the challenging market conditions.
Revenue and Income
The company's total income for the quarter stood at Rs. 17,371.69 lakhs, with revenue from operations contributing Rs. 16,764.30 lakhs. This represents an increase from the previous quarter's total income of Rs. 14,842.52 lakhs.
Half-Year Results
Despite the positive quarterly results, APL reported a loss of Rs. 820.02 lakhs for the half-year ended September 30, 2025. This loss is attributed to the significant loss incurred in the previous quarter.
Financial Highlights
| Particulars (Rs. in lakhs) | Q2 FY2026 | Q1 FY2026 | H1 FY2026 |
|---|---|---|---|
| Revenue from Operations | 16,764.30 | 14,145.71 | 30,910.01 |
| Total Income | 17,371.69 | 14,842.52 | 32,214.31 |
| Profit/(Loss) Before Tax | 110.47 | (930.49) | (820.02) |
| Earnings Per Share (Rs.) | 0.25 | (0.99) | (0.74) |
Operational Insights
The company's cost of materials consumed increased to Rs. 13,876.04 lakhs in Q2 FY2026, up from Rs. 12,810.27 lakhs in the previous quarter. Power and fuel expenses also rose to Rs. 1,601.16 lakhs, reflecting the challenging operational environment.
Balance Sheet Position
As of September 30, 2025, APL's total assets stood at Rs. 63,036.37 lakhs, with an equity base of Rs. 51,455.44 lakhs. The company maintains a balance of current assets, including investments and bank balances.
Ongoing Legal Proceedings
APL continues to face legal challenges regarding the renewal of its land lease with Visakhapatnam Port Authority (VPA). The company has filed a writ petition in the Andhra Pradesh High Court, and the matter is currently pending before a division bench. APL has provisionally accounted for lease liabilities based on its bid amount, in accordance with Ind AS 116.
Looking Ahead
While Andhra Petrochemicals Limited has shown resilience in its latest quarterly results, the overall half-yearly performance indicates ongoing challenges. The company's ability to maintain its positive momentum in the face of operational and legal hurdles may be crucial for its future performance.
Historical Stock Returns for Andhra Petrochemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.60% | +5.70% | -0.80% | -4.31% | -34.96% | +51.65% |































