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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -6.23 % over the year, substantial increase in net sales/revenue by 106.09 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 32.85 %. Marginal decrease of -7.09% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bayer CropScience Limited.. Profit dropped by -22.62 % Year to Year, Bayer CropScience Limited.’s profitability increased by 164.79 % in this quarter.
- EPS over the Year and quarter: EPS declined by -22.62 % Year to Year. EPS increased by 164.79 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1739.6 Cr | Rs. 791.5 Cr | Rs. 1631.2 Cr | + 106.09 % | -6.23 % |
| Expenses | Rs. 1315 Cr | Rs. 694.9 Cr | Rs. 1317.2 Cr | + 89.55 % | + 0.17 % |
| Operating Profit | Rs. 424.6 Cr | Rs. 96.6 Cr | Rs. 314 Cr | + 225.05 % | -26.05 % |
| OPM % | 24.41 % | 12.2 % | 19.25 % | + 7.05 % | -5.16 % |
| Other Income | Rs. 20.7 Cr | Rs. 29.6 Cr | Rs. 27.5 Cr | -7.09 % | + 32.85 % |
| Interest | Rs. 7.9 Cr | Rs. 4.9 Cr | Rs. 4.2 Cr | -14.29 % | -46.84 % |
| Depreciation | Rs. 31.3 Cr | Rs. 15.9 Cr | Rs. 21.5 Cr | + 35.22 % | -31.31 % |
| Profit before tax | Rs. 406.1 Cr | Rs. 105.4 Cr | Rs. 315.8 Cr | + 199.62 % | -22.24 % |
| Tax % | 19.11 % | 8.92 % | 19.51 % | + 10.59 % | + 0.4 % |
| Net Profit | Rs. 328.5 Cr | Rs. 96 Cr | Rs. 254.2 Cr | + 164.79 % | -22.62 % |
| EPS in Rs | Rs. 73.09 | Rs. 21.36 | Rs. 56.56 | + 164.79 % | -22.62 % |
Today, we’re looking at Bayer CropScience Limited.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.23 %. However, it did see a marginal increase of 106.09 % from the previous quarter. Expenses ticked up slightly by 89.55 % quarter-on-quarter, aligning with the annual rise of 0.17 %. Operating profit, while down -26.05 % compared to last year, faced a quarter-on-quarter increase of 225.05 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.16 %, but an expansion of 7.05 % sequentially. Other income fell by -7.09 % compared to the last quarter, despite an annual growth of 32.85 %. Interest expenses dropped significantly by -14.29 % from the previous quarter, yet the year-over-year decrease remains at a moderate -46.84 %. Depreciation costs climbed by 35.22 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -31.31 %. Profit before tax declined annually by -22.24 % but saw an increase from the preceding quarter by 199.62 %.
Tax expenses as a percentage of profits increased slightly by 0.4 % compared to last year, with a more notable quarter-on-quarter increase of 10.59 %. Net profit fell by -22.62 % year-on-year but experienced a 164.79 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -22.62 % but a quarterly rise of 164.79 %. In summary, Bayer CropScience Limited.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1739.6 Cr | Rs. 791.5 Cr | Rs. 1631.2 Cr | + 106.09 % | -6.23 % |
| Expenses | Rs. 1315 Cr | Rs. 694.9 Cr | Rs. 1317.2 Cr | + 89.55 % | + 0.17 % |
| Operating Profit | Rs. 424.6 Cr | Rs. 96.6 Cr | Rs. 314 Cr | + 225.05 % | -26.05 % |
| Net Profit | Rs. 328.5 Cr | Rs. 96 Cr | Rs. 254.2 Cr | + 164.79 % | -22.62 % |
| EPS in Rs | Rs. 73.09 | Rs. 21.36 | Rs. 56.56 | + 164.79 % | -22.62 % |
In reviewing Bayer CropScience Limited.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.23 % year-on-year, however, there was a minor increase of 106.09 % from the previous quarter. Expenses rose by 0.17 % compared to the previous year, with a 89.55 % increase quarter-on-quarter. Operating Profit dropped by -26.05 % annually, and saw a 225.05 % increase from the last quarter.
Net Profit showed yearly decrease of -22.62 %, and experienced a 164.79 % increase from the previous quarter. Earnings Per Share (EPS) fell by -22.62 % annually, however rose by 164.79 % compared to the last quarter. In essence, while Bayer CropScience Limited. faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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