New Delhi, February 11 Bayer CropScience Ltd reported a near three-fold increase in profits to Rs 95.7 crore for the December quarter, driven by higher revenue.
The company had reported a profit of Rs 34.2 crore in the same quarter of the previous fiscal year, according to a regulatory filing.
Total revenue from operations rose by five per cent to Rs 1,106.2 crore for the October-December period of the 2025-26 fiscal year, from Rs 1,057.4 crore in the year-ago period.
Expenses remained lower at Rs 1,009.1 crore against Rs 1,056 crore in the said period.
"In Q3, revenue from operations grew by 5 per cent, driven by the continued strength of our corn seed business," said Simon Wiebusch, Vice Chairman and Managing Director and CEO, Bayer CropScience Ltd.
Weather volatility, particularly excessive rains extending into the quarter, led to limited spraying windows and constrained crop protection, while a subdued chili and grape season weighed on demand, he added.
"We remain focused on strengthening portfolio resilience, scaling up new launches, and maintaining cost discipline to deliver consistent value," he added.
The company's Executive Director and Chief Financial Officer, Vinit Jindal, said that Q3 PAT grew, driven by a favorable sales mix, stabilized input costs, and strong financial discipline.