Bayer CropScience announced a marginal rise in standalone net profit for the quarter ended September 2016. During the quarter, the profit of the company rose 2.12% to Rs 1,591.00 million from Rs 1,558.00 million in the same quarter last year.
Revenues for the quarter rose 9.93% to Rs 11,600.00 million, compared with Rs 10,552 million for the prior year period.
Operating margin for the quarter stood at 20.47 percent as compared to 21.18 percent for the previous year period. Operating Income for the quarter was Rs 2,374.00 million, compared with Rs 2235 million in the previous year period.
Earnings per share for the quarter stood at Rs 45.00, registering 5.76% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Sep - 16 | Sep - 15 | %Change |
Revenues | 11,600.00 | 10,552.00 | 9.93 |
Net Profit | 1,591.00 | 1,558.00 | 2.12 |
Diluted EPS | 45.00 | 42.55 | 5.76 |
Shares of the company gained Rs 50.65, or 1.14%, to settle at Rs 4,510.30. The total volume of shares traded was 1,470 at the BSE (Wednesday).