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Bayer CropScience reports 50% fall in Q3 net profit

03 Feb 2016 Evaluate

Bayer CropScience has reported results for third quarter ended December 31, 2015.

The company has reported 50.18% fall in its net profit at Rs 27.40 crore for the quarter ended December 31, 2015 as compared to Rs 55.00 crore for the same quarter in the previous year. The company’s total income has decreased by 10.19% to Rs 655.00 crore for the quarter under review from Rs 729.30 crore for the corresponding quarter of the previous year. 

Bayer CropScience is engaged in manufacturing and marketing of crop-protection solutions, and trades in seeds on behalf of group company Bayer Bioscience.

Peers
Company Name CMP
UPL 497.50
PI Industries 2011.00
Bayer CropScience 3343.15
Sharda Cropchem 630.55
Sumitomo Chem. India 354.65
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