GlaxoSmithkline Consumer Healthcare has reported results for third quarter ended December 31, 2015.
The company has registered a rise of 36.76% in its net profit at Rs 131.85 crore in Q3FY16 as compared to Rs 96.41 crore in the corresponding quarter previous year. The total income of the company has increased marginally by 1.78% to Rs 1086.32 crore for the quarter under review as compared to Rs 1067.27 crore in the same quarter last 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.
