Mumbai, Nov. 10 -- On a standalone basis, the company's net profit increased 12% year-on-year to Rs 152.70 crore, while revenue from operations grew 10.6% to Rs 1,553.40 crore in Q2 FY26 over Q2 FY25. Profit before tax (PBT) stood at Rs 200.30 crore, down 40.24% sequentially but up 5.4% on a yearly basis.
Total expenses declined 13% YoY to Rs 1,366.9 crore in Q2 FY26. The cost of materials consumed dropped 33.11% to Rs 715.9 crore, employee benefits expense fell 2.93% to Rs 112.5 crore, while finance costs rose 29.41% to Rs 4.4 crore during the quarter under review.
Commenting on the quarterly results, Simon Wiebusch, vice chairman, managing director, and CEO of Bayer CropScience, said, "Unusually prolonged and excessive rainfall impact...
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