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04-Nov-2023

Bayer CropScience

Sales up 11%, OP up 28%


'Standalone net sales of Bayer CropScience have increased 11.39% to Rs 1,617.20 crore.  Operating profit margin has jumped from 16.39% to 18.85%, leading to 28.16% rise in operating profit to Rs 304.90 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 47.73% to 59.29%.   Purchase of finished goods cost fell from 5.93% to 2.11%.   Employee cost decreased from 10.43% to 6.40%.   Other expenses fell from 16.62% to 12.85%.  

Other income up 16.67% to Rs 16.1 crore.  PBIDT rose 27.53% to Rs 321 crore.  Provision for interest fell 50.67% to Rs 3.7 crore.  

PBDT rose 29.93% to Rs 317.3 crore.  Provision for depreciation down 23.68% to Rs 11...



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