Bayer CropScience Q1 Results Revenue of ₹16,312 Million and Profit Before Tax of ₹3,158 Million

Bayer CropScience Q1 Results 2024-2025: Bayer CropScience announced their Q1 results for the 2024-2025 fiscal year on August 8, 2024, showcasing a significant performance shift. The company reported a revenue of ₹16,312 million for the quarter ending June 30, 2024, marking a 9.6% increase compared to the ₹14,877 million recorded in the same quarter last year (YOY). This rise in revenue reflects a solid growth trajectory YOY, demonstrating Bayer CropScience's strong position in the agrochemical sector.

In terms of profitability, Bayer CropScience experienced a remarkable 199% YOY surge in profit before tax, climbing from ₹1,054 million in Q1 2023-2024 to ₹3,158 million in the current quarter.

The net profit for the period also rose by 164.5% YOY, reaching ₹2,542 million, up from ₹960 million a year ago. Despite a slight increase in expenses YOY, the company's overall performance reflects robust growth and positive momentum in its operations.

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Bayer Cropscience Q1 Results 2024-2025

Bayer CropScience has released its financial results for the first quarter of the 2024-2025 fiscal year.

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Bayer Cropscience Current Market Overview

Bayer CropScience is currently performing well in the stock market, with its share price at ₹6,552 as of September 12, 2024. The company has a strong market capitalization of ₹29,484 crore. The stock has traded between ₹4,813 and ₹7,197 recently, showing some fluctuation.

It has a price-to-earnings ratio of 44.3, indicating how much investors are willing to pay for each unit of earnings. Bayer CropScience offers a dividend yield of 2.13%, and its returns on capital and equity are impressive, at 33.9% and 26.7%, respectively. The company's shares have a face value of ₹10.

Quarterly Results

Here are Bayer CropScience's recent quarterly financial results, focusing on the latest available quarters. The table highlights key figures for December 2023, March 2024, and June 2024:

About Bayer Cropscience

Bayer CropScience is a major player in the agricultural industry, focusing on providing products and solutions to support farmers. The company specializes in manufacturing and selling insecticides, fungicides, herbicides, and other agrochemical products, as well as corn seeds.

Their goal is to enhance crop yields and improve farming practices through innovative technologies and high-quality products. With a strong commitment to sustainability and agricultural advancement, Bayer CropScience plays a crucial role in helping farmers around the world meet the growing demand for food.

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