Bayer CropScience Limited is an India-based company, which is engaged in the manufacturing, sale and distribution of insecticides, fungicides, herbicides and various other agrochemical products and corn seeds. The Company operates through the Agri Care segment. The Company’s operations include three business areas: Crop Protection, Seeds & Traits and Digital Farming. Its Crop Protection portfolio comprises a wide range of chemical and biological pest management solutions. Its Seeds & Traits develops seeds and traits that provide farmers with new solutions. Its Digital Farming consists of modern farming methods that use technology to improve crop yield and efficiency while reducing waste and environmental impact. The Company offers various brands, such as Alion Plus, Movento Energy, Solomon, Lesenta, Nativo, Permethrin, Sectin, Topstar, and others.
Bayer CropScience Financial Highlights
- Revenue: Bayer CropScience reported revenue of ₹817.01 crore in FY06 vs ₹742.17 crore in FY05. It showed an increase of 10.08% on a yearly basis.
- Operating Profit: Bayer CropScience reported an operating profit of ₹86.89 crore in FY06 vs ₹76.69 crore in FY05. It showed an increase of 13.30% on a year-on-year basis.
- Net Profit: Bayer CropScience reported a net profit of ₹55.41 crore in FY06 vs ₹38.35 crore in FY05. It showed an increase of 44.49% on a yearly basis.
Bayer CropScience Quarterly Result Highlights
- Bayer CropScience reported revenue of ₹260.40 crore in Dec 2006, compared with ₹229.03 crore in Dec 2005, representing an increase of 13.70% on a quarter-on-quarter (QoQ) basis.
- Bayer CropScience reported an operating profit of ₹26.83 crore in Dec 2006, compared with ₹26.99 crore in Dec 2005, representing a decrease of 0.59% on a quarter-on-quarter (QoQ) basis.
- Bayer CropScience reported a profit of ₹17.27 crore in Dec 2006, compared with ₹7.79 crore in Dec 2005, reflecting an increase of 121.69% on a QoQ basis.