03 November 2026, Mumbai: Bayer CropScience Limited (BSE: 506285), the Indian subsidiary of Bayer, reported revenue from operations of ₹12,507 million for the second quarter (Q2) of FY 2026-27, ended September 30, 2026, down 19% from ₹15,534 million in the corresponding quarter of the previous financial year.
Profit before tax (PBT), however, increased 6% to ₹2,114 million, compared with ₹2,003 million in Q2 FY 2025-26.
Bayer CropScience India – Q2 and H1 FY 2026-27 Results (Financial Performance (₹ million)
Particulars
Q2 FY27
Q2 FY26
Change
H1 FY27
H1 FY26
Change
Revenue from Operations
12,507
15,534
-19%
30,857
34,680
-11%
Profit Before Tax
2,114
2,003
+6%
6,135
5,355
+15%
For the first half (H1) of FY 2026-27, the company recorded revenue from operations of ₹30,857 million, an 11% decline from ₹34,680 million in the corresponding period last year. PBT increased 15% to ₹6,135 million, compared with ₹5,355 million in H1 FY 2025-26.
Commenting on the results, Simon Wiebusch, Vice Chairman and Managing Director and CEO of Bayer CropScience Limited, said that uneven monsoon conditions in India affected sowing patterns and crop protection demand during the quarter, alongside lower corn acreage. He said the company continued to focus on portfolio development, new innovations and operational execution amid challenging market conditions.
Vinit Jindal, Executive Director and Chief Financial Officer, said profit after tax increased 9% in Q2 and 13% in H1. The improvement was supported by higher gross margins, reflecting favourable corn seed production yields and cost efficiencies.
He added that higher corn seed production volumes, coupled with weaker market demand, resulted in increased inventory. Delayed customer collections also led to marginally higher receivables amid liquidity pressures in the market. The company said it would continue to focus on working capital management and cash generation.
The Board of Directors, at its meeting held on November 3, 2026, declared an interim dividend of ₹90 per equity share for FY 2026-27. The total dividend payout amounts to ₹4,045 million.
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