Bayer CropScience News

Bayer CropScience wins customs penalty appeal

Bayer CropScience Limited successfully overturned a ₹100 million customs penalty through appellate tribunal, with CESTAT setting aside the original order and quashing all demands.

Bayer CropScience Receives Revised GST Order with Reduced Penalty

Bayer CropScience received a revised order from the Additional Commissioner of Central Tax, GST Commissionerate, Belagavi, Karnataka, reducing the penalty from INR 74 million to INR 31 million. The order relates to GST on Outward Supply for Financial Year 2017-18, and the company is considering exercising its right to appeal the revised order.

Bayer Crop Science Targets High Single-Digit Revenue Growth with 100 Basis Points Margin Expansion

Bayer Crop Science Limited reported 3% revenue growth in the first half driven by strong corn seeds performance despite challenging weather conditions in Q2, with management outlining a strategic framework targeting high single-digit to low double-digit revenue growth over the next 3-5 years. The company expects 100 basis points margin improvement from FY25 base, supported by corn portfolio doubling, new product launches including BICOTA and EtcioStar, and operational efficiency measures including go-to-market optimization in eastern regions.

Bayer CropScience Presents Strategic Framework and Financial Results at Investor Meet

Bayer CropScience held an investor meeting presenting its 5-year strategic framework focused on corn market leadership, rice portfolio scaling, and digital transformation initiatives. The company reported revenue of ₹54,734 million with earnings per share of ₹169, while outlining plans to strengthen market position through new product launches and enhanced go-to-market strategies.