Bayer CropScience India Profit Rises 13 Percent in Q4
The Indian unit of Bayer AG reported a fourth-quarter profit of 1.62 billion rupees as steady demand for crop protection products offset weakness in the corn seed segment. Revenue grew 5.2 percent to 11.01 billion rupees despite a challenging external environment and rising raw material costs.
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Bayer CropScience Ltd reported a 13.1% rise in fourth-quarter profit as strong herbicide and pesticide sales offset weak corn seed demand. The results cover the three-month period ending March 31 in India. This performance underscores Bayer AG's resilience in diversified agrochemical portfolios despite volatile global supply chains.
