The Andhra Pradesh Paper Mills Ltd has posted a loss of Rs 3 crore for the quarter ended March 31, 2013, against a profit of Rs 15.72 crore for the corresponding quarter last year.

The company, which is part of the US paper major International Paper, has also posted a lower income of Rs 264.03 crore for the period ended March 31 against Rs 301.83 crore for the corresponding period last year.

The company shares closed at Rs 188.30, down 0.4 per cent on the BSE on Tuesday.