Brief: India's Bayer Cropscience June-Qtr Profit Falls Sharply
23/07/2019 11:43
July 23 (Reuters) - Bayer CropScience Ltd BAYE.NS :
* JUNE QUARTER PROFIT 593 MILLION RUPEES VERSUS PROFIT OF
1.47
BILLION RUPEES LAST YEAR
* JUNE QUARTER REVENUE FROM OPERATIONS 6.64 BILLION RUPEES
VERSUS
8.32 BILLION RUPEES LAST YEAR
* QTRLY EXCEPTIONAL ITEM - EMPLOYEE SEPARATION EXPENSES 255
MILLION RUPEES
* LATE ONSET OF MONSOON, DELAYED KHARIF SOWING SEASON
RESULTED IN
DEFERMENT OF PRODUCT PLACEMENT, IMPACTING Q1 RESULTS
* SIGNIFICANT RAIN DELAYS CONTINUE IN SOME AREAS OF WESTERN
AND
SOUTHERN INDIA, WHICH COULD IMPACT CO'S RESULTS
Source text: http://bit.ly/2y5pkMy
Further company coverage: BAYE.NS
((Reuters.Briefs@thomsonreuters.com;))
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