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

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.

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