Bayer CropScience is a world leader in the areas of crop protection, pest control, seeds and plant biotechnology. The company offers comprehensive solutions for modern, sustainable agriculture and non-agricultural applications. The company operates in the area of Crop Protection, Environmental Science and BioScience. The company develops and markets fungicides, insecticides, herbicides, and seed treatment products. They use plant biotechnology and breeding to offer solutions for agriculture, nutrition, health and biomaterials. They have their production facilities at Thane in Maharashtra, Himatnagar and Ankleshwar in Gujarat.
Bayer CropScience Ltd has announced the following results for the quarter ended June 30, 2015
The Unaudited Standalone results for the Quarter ended June 30, 2015:
The Company has posted a net profit of Rs. 1069 million for the quarter ended June 30, 2015 as compared to Rs. 1085 million for the quarter ended June 30, 2014, down by 1.47 percent. Total Income has increased from Rs. 12216 million for the quarter ended June 30, 2014 to Rs. 14245 million for the quarter ended June 30, 2015, up by 16.61 percent. Net sales of the company have increased from Rs. 12007 million in June 2014 to Rs. 13987 million in June 2015, up by almost 16.49 percent.
The scrip is currently trading at Rs. 3924.20, up by 1.48 percent.
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