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13-Nov-2024

Bayer CropScience

Higher volumes partially offset by price pressure


'Net sales (including other operating income) of Bayer CropScience has increased 7.44% to Rs 1,737.60 crore. 

Operating profit margin has declined from 18.85% to 10.58%, leading to 39.72% decline in operating profit to Rs 183.80 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 59.29% to 64.21%.   Purchase of finished goods cost rose from 2.11% to 3.05%.   Employee cost increased from 6.40% to 6.95%.   Other expenses rose from 12.85% to 14.76%.  

Other income up 47.20% to Rs 23.7 crore.  PBIDT fell 35.36% to Rs 207.5 crore.  Provision for interest fell 8.11% to Rs 3.4 crore.  Loan funds declined from Rs 63.80 crore as of 30 September 2023 to Rs 33.40 crore as of 30 September 2024. 



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