Andhra Pradesh Paper Mills (AP Paper Mills) has reported results for the second quarter ended September 30, 2013.
The company has reported a net loss of Rs 45.04 crore for the quarter as compared to a net profit of Rs 7.55 crore for the same quarter in the previous year. However, total income from operations of the company has increased marginally by 2.35% at Rs 247.66 crore for quarter under review as compared to Rs 241.97 crore for the quarter ended September 30, 2012.
Andhra Pradesh Paper Mills, a group company of International Paper in India, is a leading manufacturer of pulp and paper products and caters to both domestic and foreign markets. It produces writing, printing and copier papers at its two manufacturing units in Andhra Pradesh.
