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Last Updated : Oct 11, 2019 02:54 PM IST | Source: Moneycontrol.com

Bayer Cropscience Q2 PAT seen up 101.7% YoY to Rs. 287.8 cr: Kotak

Net Sales are expected to increase by 10 percent Y-o-Y (up 83 percent Q-o-Q) to Rs. 1,214.5 crore, according to Kotak.

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Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Fertilizers & Agricultural Chemical sector. The brokerage house expects Bayer Cropscience to report net profit at Rs. 287.8 crore up 101.7% year-on-year (up 239.4% quarter-on-quarter).


Net Sales are expected to increase by 10 percent Y-o-Y (up 83 percent Q-o-Q) to Rs. 1,214.5 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 11.6 percent Y-o-Y (up 96.8 percent Q-o-Q) to Rs. 243.9 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.




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First Published on Oct 11, 2019 02:54 pm
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