GlaxoSmithkline Consumer Healthcare has reported results for first quarter ended June 30, 2014.
The company’s net profit has surged 8.47% at Rs 130.12 crore as compared to Rs 119.96 crore for the quarter ended June 30, 2013. Its total income has increased by 8.92% to Rs 1011.73 crore for the quarter under review from Rs 928.83 crore for the corresponding quarter of the previous year.
GlaxoSmithKline Consumer Healthcare is a subsidiary of GlaxoSmithKline plc of UK, a global science based healthcare company. GlaxoSmithkline Consumer Healthcare’s core business is manufacturing of health drinks under the brand Horlicks. It exports products to countries like Bangladesh, Myanmar, Sri Lanka, Middle East, Fiji, Mauritius, Nepal, Bhutan and many more.