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Bayer CropScience reports 62% fall in Q4 net profit

14 May 2016 Evaluate

Bayer CropScience has reported results for the fourth quarter and year ended March 31, 2016.

The company has posted a fall of 61.98% in its net profit at Rs 16.50 crore for the quarter ended March 31, 2016 as compared to Rs 43.40 crore for the same quarter in the previous year. Total income of the company has increased by 8.57% at Rs 540.90 crore for quarter under review as compared to Rs 591.60 crore for the quarter ended March 31, 2015.

For the year ended March 31, 2016, the company has posted a fall of 21.44% in its net profit at Rs 300.90 crore as compared to Rs 383.00 crore for the same period in the previous year. However, total income of company increased 0.19% at Rs 3818.60 crore for year under review as compared to Rs 3811.20 crore for the period ended March 31, 2015.  

Peers
Company Name CMP
UPL 559.90
PI Industries 2250.10
Bayer CropScience 3940.75
Sharda Cropchem 753.05
Sumitomo Chem. India 451.50
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