Page 2 - Bayer Cropscience

Bayer CropScience records 3.79% increase in Q4 profit at Rs 159 crore

Bayer CropScience on Thursday reported 3.79 per cent increase in net profit at Rs 158.5 crore for March quarter 2022-23, as against Rs 152.7 crore in the year-ago period. Total income rose to Rs 982.5 crore during the quarter from Rs 963.3 crore in the year-ago period, according to a regulatory filing. Expenses increased to Rs 811.1 crore from Rs 789.5 crore. For the entire 2022-23 fiscal, Bayer CropScience reported 17.49 per cent jump in net profit at Rs 758.2 crore, when compared with Rs 645.3 crore in the previous fiscal. Total income increased to Rs 5,203.6 crore in 2022-23 from Rs 4,789 crore in the previous year, the filing added. Executive Director Simon-Thorsten Wiebusch said, "Sales growth in Q4 continued to be driven by strong crop protection sales and consistent performance by our corn seeds business while overcoming some supply constraints faced during the quarter." Chief Financial Officer Simon Britsch said, "The steady performance of our crop protection and corn see

Metro Brands, Bayer Crop are ready for range breakout, says Mehul Kothari

According to the technical analyst from Anand Rathi, Metro Brands can rally to Rs 910; while Bayer Cropscience can surge to Rs 5,200.

Bayer Cropscience Q2 net up 5.51% to Rs 163 cr, income rises to Rs 1,451 cr

Bayer Cropscience Ltd on Wednesday posted a 5.51 per cent increase in net profit at Rs 162.6 crore in the September quarter. The company had a net profit of Rs 154.1 crore in the same quarter previous fiscal, according to a regulatory filing. Total income increased to Rs 1,451.9 crore in the second quarter of the current fiscal from Rs 1,365.1 crore in the year-ago period. Bayer Cropscience said it concluded the sale of a part of its seeds distribution portfolio consisting of mustard, millet, cotton and sorghum seeds during the third quarter of the 2021-22 fiscal. "Considering this, the portfolio adjusted revenue from operations grew by 8 per cent for Q2 and 14 per cent for H1 of the 2022-23 fiscal, respectively," the company said. Bayer Cropscience Executive Director Simon-Thorsten Wiebusch said, "our continuing revenue growth in Q2 was driven largely by strong demand and product liquidation of our crop protection portfolio despite continuing supply chain challenges and a tough

Sales growth likely to sow seeds of distress for agrochem players

Exporters could do better as domestic firms are hit by monsoon delay, inventories

Bayer CropScience Q4 net profit surges over two-fold; revenue rises 31%

In the fourth quarter of 2021-22, the company's revenue from operations witnessed a growth of 31.29 per cent to Rs 963.3 crore compared to Rs 733.7 crore in corresponding quarter of the previous year

Bayer Cropscience posts Rs 85 crore net profit in third quarter

Bayer Cropscience Ltd posted a net profit of Rs 84.8 crore for the third quarter of 2021-22 on better revenue and sale of its seed business.

Bayer Cropscience posts Rs 84.8-cr net profit for Dec quarter

Bayer Cropscience Ltd has reported a net profit of Rs 84.8 crore in the third quarter ended December 2021, despite unseasonal rains, crop infestations and a challenging corn season. The company had posted a net loss of Rs 45.1 crore in the corresponding quarter last fiscal. Net revenues rose to Rs 999.9 crore during the third quarter of the financial year 2021-22, compared with Rs 936.5 crore in the year-ago period. In a statement, the company said it has earned a profit of Rs 58.5 crore from the sale of its seed business to crystal crop protection on December 1, 2021. Expenses remained higher at Rs 940.6 crore, against Rs 830.4 crore in the said period. The company said it has incurred expenses in relation to the separation of employees arising from restructuring measures due to the amalgamation of Monsanto India Ltd with Bayer CropScience. Commenting on the performance, Bayer CropScience Executive Director Simon-Thorsten Wiebusch said the revenue has grown in the third quarter

Bayer CropScience drops to 52-week low, down 7% on weak Q2 results

To commemorate Bayer's presence in India for 125 years, the board has declared a special dividend of Rs 125 per equity share of Rs 10 each for the financial year 2021-22

Bayer CropScience okays sale of traded seeds biz to Crystal Crop Protection

Bayer CropScience Ltd on Wednesday approved sale of its traded seeds business, along with property in Telangana, to Crystal Crop Protection Ltd for Rs 62 crore

Weak Q3, downgrades to keep Bayer CropScience stock under pressure

Given the focus on volume growth and price cuts margin pressures may remain

Bayer CropScience Q3 profit before tax declines 34% to rs 106 cr in Dec qtr

Bayer CropScience''s (BCSL) PBT stood at Rs 161.2 crore during the same quarter of 2019-20, Bayer CropScience said in a statement

Five mid-cap stars which refused to buckle during the coronavirus crisis

With markets recovering, midcaps have also rebounded and in fact, have outperformed benchmark indices by a good margin in the last two months

Bayer CropScience hits all-time high as Q1 net jumps 86% YoY to Rs 252 cr

Profit before exceptional items and tax came in at Rs 313.8 crore, up 54 per cent YoY.

Bayer CropScience Q1 net jumps 86% to Rs 251.7 cr on good monsoon

Total income rose to Rs 1,242.7 crore in the first quarter of the fiscal, from Rs 969 crore in the corresponding period of the previous year

Bayer: Investors must wait for a better entry point for significant gains

The sharp rerating of the sector and the company has taken valuations into expensive zone

Bayer CropScience surges 10% on strong Q4 results; stock nears record high

The stock is trading close to its all-time high level of Rs 5,050, hit in intra-day deal on the BSE on June 2, 2017

From Nestle India to Maruti Suzuki, impact of Covid-19 on earning estimates

Given the huge hit from lockdown, it is not surprising that 44 of the 80 companies have seen sharp cuts ranging 10% to 72%

Bayer CropScience awaits nod to launch flood-resistant rice in India

New variety already launched in Bangladesh, company hopes to introduce it in India before onset of monsoon next year

Bayer makes Rs 170 crore profit in Sept quarter after merger with Monsanto

In Kharif, corn and veggies crops also helped

Sales momentum for new products is key for Bayer CropScience stock

While the near-term growth will depend on the monsoon, the Street will also look at the progress on the merger front between Bayer and Monsanto India