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Andhra Petrochemicals LtdResults, 24-05-2025: Result

24-05-2025 | 01:51 pm

The Andhra Petrochemicals has announced a board meeting that approved the financial results for the quarter and year ended March 2025. The company reported a loss of Rs. 1525.40 lakhs for the quarter and Rs. 1813.06 lakhs for the year, impacted by lower product prices and higher raw material costs. Total income stood at Rs. 28519.64 lakhs for the quarter and Rs. 52964.47 lakhs for the year, while expenses rose to Rs. 54844.02 lakhs annually. The company made a provision of Rs. 332.18 lakhs towards disputed fuel and power costs and has ongoing legal proceedings related to a land lease renewal with Visakhapatnam Port Trust. Cash flow from operations was negative due to working capital changes and provisions. The audit report was unmodified, confirming fair presentation of results.

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