Bayer's India arm posts higher quarterly profit on lower costs amid monsoon-hit demand

Coromandel International

07/11/2025 13:19

Nov 7 (Reuters) - Bayer CropScience BAYE.NS posted a 12% rise in second-quarter profit on Friday, as keeping a tight lid on costs helped the agricultural chemicals maker navigate a drop in demand for its crop protection products, exacerbated by heavy monsoons showers.

The Indian unit of German drugs and pesticides maker Bayer AG BAYGn.DE posted a profit of 1.53 billion rupees ($17.4 million) for the three months ended September 30, compared with 1.36 billion rupees a year earlier.

Input costs dropped 33%, taking total expenses 13% lower on-year, balancing out a 10.63% slide in revenue.

For further results highlights, click here.

KEY CONTEXT

     Persistent rainfall in India, particularly the 115% above-normal showers in September, led to a significant drop in agrochemical demand.

     Peer Coromandel International CORF.NS reported a roughly 20% rise in its quarterly profit-after-tax last week, driven by strong sales growth in global markets.
 Bayer Cropscience said that the growth in its bottomline was driven by a favourable sales mix and disciplined cost management.

PEER COMPARISON

Valuation (next 12 months)
Estimates (next 12 months)
Analysts' sentiment
RIC
PE
EV/EBITDA
Revenue growth (%)
Profit growth (%)
Mean rating*
No. of analysts
Stock to price target**
Div yield (%)
Bayer Cropscience
BAYE.NS
27.04
19.57
11.64
21.24
Hold
8
0.82
2.58
Coromandel International
CORF.NS
24.14
15.81
12.85
29.05
Buy
10
0.83
0.55
UPL
UPLL.NS
17.69
8.09
7.47
58.62
Buy
18
1.00
0.82
Rallis India
RALL.NS
21.55
11.29
10.21
36.16
Hold
13
0.92
0.96

* Mean of analysts' ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell

** Ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT

JULY-SEPTEMBER STOCK PERFORMANCE

     -- All data from LSEG

     -- $1 = 87.8950 rupees

Bayer CropSciences Q2 https://tmsnrt.rs/4of9xlG

 (Reporting by Yagnoseni Das, Hritam Mukherjee in Bengaluru; Editing by Ronojoy Mazumdar)

 ((Yagnoseni.Das@thomsonreuters.com;))