Bayer CropScience Sees 23% Decline in Q1 Profits

Bayer CropScience Ltd reported a 23% drop in Q1 net profit to Rs 254.2 crore. The company's total income also declined to Rs 1,658.7 crore, compared to Rs 1,760.3 crore in the same period last year.

Bayer CropScience Ltd has announced a significant drop in its net profit for the first quarter of this fiscal year, recording a 23% decline to Rs 254.2 crore.

The company had posted a net profit of Rs 328.5 crore during the corresponding period in the previous year.

Additionally, Bayer CropScience's total income also saw a decrease, falling to Rs 1,658.7 crore from Rs 1,760.3 crore year-over-year, as per the company's latest regulatory filing.