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Bayer CropScience announces Rs 90 interim dividend alongside second quarter profit rise

Reported by Rohit Yadav (Staff Writer) · Livemint - Markets ·

Source: Livemint
Important
Bayer CropScience announces Rs 90 interim dividend alongside second quarter profit risePhoto: Wikimedia Commons

Shares of Bayer CropScience Limited are in focus ahead of the upcoming record date for a major dividend payout.

Dividend and Profit Details

The company board announced an interim dividend of Rs 90 per equity share for the financial year 2026-27, which amounts to a 900 percent payout on a face value of Rs 10 each. Thursday, November 12, is set as the record date to decide which shareholders get the payout, and the company will disburse the money by Monday, November 30, 2026. Alongside the dividend news, the firm reported a second-quarter net profit of Rs 166.2 crore, up from Rs 152.7 crore in the same period a year ago. Its net profit before tax rose 6 percent to reach Rs 211.4 crore during the quarter.

Stock Performance

On Friday, the company share price closed 0.45 percent higher at Rs 3,316.50 per share on the BSE, bringing its market capitalisation to Rs 14,905.04 crore. The stock went up 1.64 percent over the last five trading sessions, but it has faced declines of 6.17 percent in one month, 21.32 percent in three months, and about 30.29 percent over the past year.

Context

Companies often declare interim dividends to share profits with their investors during the financial year. A record date acts as the official cutoff point to verify which shareholders hold the stock in their accounts and qualify to receive the announced payment.

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