Bayer CropScience Q2 profit rises slightly to Rs 170 crore
Date:11-14-2019
Bayer CropScience on Tuesday reported a marginal increase in consolidated net profit at Rs 169.8 crore for the second quarter of this fiscal.
Its net profit stood at Rs 166.8 crore in the year-ago period, the company said in a regulatory filing.
Total income rose to Rs 1,356.5 crore during July-September period of fiscal year 2019-20 as against Rs 1,249.1 crore in the corresponding period of the previous year.
In June 2018, German chemical and pharma major Bayer AG had announced completion of USD 63 billion mega-deal to acquire US-based biotech major Monsanto to create the world's biggest agro-chemical and seed company.
Bayer Group is present in India since 1896 and has two divisions -- crop science and pharmaceutical. The group has one listed entity in India -- Bayer CropScience.
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