Bayer CropScience reports standalone net profit of Rs 31.50 crore in the March 2020 quarter

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Sales rise 81.88% to Rs 458.70 crore

Net profit of Bayer CropScience reported to Rs 31.50 crore in the quarter ended March 2020 as against net loss of Rs 57.10 crore during the previous quarter ended March 2019. Sales rose 81.88% to Rs 458.70 crore in the quarter ended March 2020 as against Rs 252.20 crore during the previous quarter ended March 2019.

For the full year,net profit rose 40.76% to Rs 474.50 crore in the year ended March 2020 as against Rs 337.10 crore during the previous year ended March 2019. Sales rose 13.96% to Rs 3609.40 crore in the year ended March 2020 as against Rs 3167.30 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales458.70252.20 82 3609.403167.30 14 OPM %12.69-36.72 -20.1315.19 - PBDT73.40-83.40 LP 778.60523.80 49 PBT54.30-95.00 LP 713.30480.00 49 NP31.50-57.10 LP 474.50337.10 41

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First Published: Fri, May 22 2020. 18:41 IST