Andhra Paper Limited Shareholders Approve Key Appointments at 61st AGM Aug 09, 2025
Andhra Paper Invests Rs 178 Crore to Boost Production Capacity by 60% Aug 05, 2025
Andhra Paper Approves Rs. 178 Crore Capital Investment, Appoints Two Independent Directors Aug 05, 2025
More news about Andhra Paper
11Jul 25
Andhra Paper Declares Lockout at Rajahmundry Plant Amid Workers' Strike
Andhra Paper Limited (APL) has announced a lockout at its Rajahmundry manufacturing plant from July 11, 2025, 8:00 AM, following a workers' strike that began on July 6, 2025. The strike, called for wage enhancement, is deemed illegal by APL as the dispute is pending with the industrial tribunal. The lockout is expected to result in a daily production loss of approximately 520 metric tonnes. APL has assured that all assets at the facility are insured, and no significant loss or damage is anticipated. The lockout will continue until further notice.
Andhra Paper Ltd. reported mixed Q4 FY23 results. Net profit declined 79.43% YoY to ₹79 million, while revenue grew 13.89% to ₹4.10 billion. EBITDA fell to ₹203 million with a margin of 4.98%. Despite profit decline, the company declared a dividend of ₹1 per equity share.