Chemical | 11 May 2022
Bayer posts higher sales, profit on strong growth in crop science business
Company's net income rose by 57.5 percent to 3.291 billion euros in Q1
Company's net income rose by 57.5 percent to 3.291 billion euros in Q1
The company's Q4 FY22 consolidated total income increased to Rs. 2,133.9 crore from Rs. 1,472.4 crore in Q4 FY21, a growth of 44.9% year-on-year
In FY22, the company's consolidated revenue increased 48% from Rs. 8,400 crore to Rs. 12,434 crore
Company's net profit grew by 7% and stood at Rs.55.34 crores in Q4 as against Rs.51.65 crores last year
On a standalone basis, profit before tax (PBT) rose 94% year-on-year to Rs 871 crore in Q4 March 2022
Investment is related to a new plant set-up in Dahej
Company has been appointed capital delivery partner by Esseco UK for the company’s chemical production facility in Wakefield, England
The company's net profit rose by 2.65% and reached Rs.75.16 crores in Q4
The $2.1 million facility will increase the speed of developing paint color formulations
Sales rose 20.89% to Rs. 3383.34 crore in the quarter
Q4 FY22 EBITDA grew by 26% YoY to INR 3,591 crore as against INR 2,839 crore in Q4 FY21
The acquisition enhances Gurit's current product offering into the wind energy market
The total investment is expected to exceed 100 billion yen, making it the largest investment ever made by the AGC Group
Aliva Equipment generated sales of CHF 12 million in 2021.
State-of-the-art laboratories and pilot plants will boost product development and enhance customer experience
The company has posted net profit of Rs. 401.19 crores for the period ended March 31, 2022.
The company has reported total income of Rs.1436.11 crores during the Financial Year ended March 31, 2022.
Company will invest between $120 million to $140 million in the facility, expected to start up in the second half of 2024
The investment increases capacity at the Ludwigshafen site to a total of 50,000 metric tons per year
Adjusted net income was 49 percent higher at €356 million in first quarter of 2022
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