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GlaxoSmithkline Consumer Healthcare reports 37% rise in Q2 net profit

07 Nov 2015 Evaluate

GlaxoSmithkline Consumer Healthcare has reported results for second quarter ended September 30, 2015.

The company has reported 36.86% rise in its net profit at Rs 219.37 crore for the quarter ended September 30, 2015 as compared to Rs 160.29 crore for the same quarter in the previous year. The company’s total income has increased by 0.65% to Rs 1183.05 crore for the quarter under review from Rs 1175.46 crore for the corresponding quarter of the previous year.

GlaxoSmithKline Consumer Healthcare is a subsidiary of GlaxoSmithKline plc of UK. 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.

 

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