Bayer CropScience Limited UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2010
PARTICULARS	QUARTER ENDED 30th JUNE 2010	QUARTER ENDED 30th JUNE 2009	YEAR ENDED 31st MARCH 2010
.	UNAUDITED	UNAUDITED	AUDITED
Income	.	.	.
Net Sales/ Income from Operations	69,644	57,761	162,476
Other Operating Income	2,424	2,416	9,934
Total Income	72,068	60,177	172,410
.	.	.	.
Expenditure	.	.	.
(Increase)/ decrease in stock in trade and work in progress	(10,594)	(9,680)	664
Consumption of raw & packing materials	8,909	10,233	38,558
Purchase of traded goods	52,462	39,493	66,830
Employees cost	4,350	3,734	14,112
Depreciation	660	588	2,644
Other expenditure	9,298	7,916	30,470
Total	65,085	52,284	153,278
.	.	.	.
Profit from Operations before Other Income and Interest	6,983	7,893	19,132
.	.	.	.
Other Income	571	1,100	2,525
.	.	.	.
Profit before Interest and Exceptional Items	7,554	8,993	21,657
.	.	.	.
Interest	125	153	1,145
.	.	.	.
Profit after Interest but before Exceptional Items	7,429	8,840	20,512
.	.	.	.
Exceptional items :	.	.	.
Demolition and Remediation Expenditure (note no. 3)	86	178	549
Voluntary Retirement Expenditure	-	-	319
.	.	.	.
Profit from Ordinary Activities before tax	7,343	8,662	19,644
.	.	.	.
Tax expense (including Deferred Tax)	2,432	3,062	6,919
.	.	.	.
Net Profit from Ordinary Activities after tax	4,911	5,600	12,725
.	.	.	.
Paid-up Equity Share Capital (Face Value Rs. 10)	3,950	3,950	3,950
Reserves excluding Revaluation Reserve	.	.	52,029
.	.	.	.
Earning per share (basic & diluted) (not annualised)	12.43	14.18	32.22
.	.	.	.
Public Shareholding	.	.	.
Number of shares	11,412,085	11,412,085	11,412,085
Percentage of shareholding (%)	28.89%	28.89%	28.89%
..	.	.	.
Promoters and Promoter Group Shareholding	.	.	.
Pledged/ Encumbered	.	.	.
- Number of shares	Nil	Nil	Nil
- Percentage of shares (as a % of total shareholding of promoter and promoter group)	N.A.	N.A.	N.A.
- Percentage of shares (as a % of total share capital of the Company)	N.A.	N.A.	N.A.
.	.	.	.
Non-Encumbered	.	.	.
- Number of shares	28,086,662	28,086,662	28,086,662
- Percentage of shares (as a % of total shareholding of promoter and promoter group)	100%	100%	100%
- Percentage of shares (as a % of total share capital of the Company)	71.11%	71.11%	71.11%
.	.	.	.
Notes: 1.The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on 19th July, 2010 and the statutory auditors have carried out a limited review of the results for the quarter ended 30th June, 2010 2. Consistent with past practice, Sales for the three months ended 30th June, 2010 are net of estimated returns of Rs. 11,583 lacs (April - June 2009 Rs. 8,170 lacs), in respect of seasonal sales, which, in Management's opinion, may need to be reviewed dependent on future circumstances. Sales returns are accounted at actuals at the financial year end. 3. The Bayer Companies worldwide place great importance on protecting the environment and conserving natural resources. Pursuant to the cessation ofmanufacturing activities at Thane, the Company has incurred expenses towards Demolition and Remediation activities. These ongoing activities will allow the Thane Site to be left in a safe state with human health and environmental risks mitigated to generally accepted levels in industrialised countries. 4. The Company has only one reportable business segment, i.e. "Agri Care". The Company’s business is seasonal in nature and hence quarterly figures are not representative of the full year's performance. 5. There were no investor complaints pending at the beginning and at the end of the quarter. The Company has received one investor's complaint during thequarter and has been resolved. 6. Previous period's figures have been regrouped wherever necessary.
Place : Mumbai Date: 19th July, 2010			By Order of the Board   Kaikobad B. Mistry   Whole-time Director