Andhra Paper FY26 Net Profit Drops 79% to ₹18.62 Cr

Board approved audited FY26 results with net profit of ₹18.62 crore, down 79% from previous year's ₹889.11 crore.
Recommended final dividend of ₹0.50 per equity share (25%) for FY26, subject to shareholder approval at AGM.
Re-appointed Saurabh Bangur as Managing Director for 5 years effective October 1, 2026, pending shareholder approval.
Disclosed ongoing lockout at Kadiyam plant since May 1, 2026 due to illegal strike by contract workmen.