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GlaxoSmithKline Consumer Healthcare reports 26% rise in Q3 net profit

04 Feb 2019 Evaluate

GlaxoSmithKline Consumer Healthcare has reported results for third quarter ended December 31, 2018.

The company has reported 25.96% rise in its net profit at Rs 112.97 crore for the quarter under review as compared to Rs 89.69 crore for the same quarter in the previous year. Total income of the company increased by 17.58% at Rs 841.77 crore for Q3FY19 as compared Rs 715.90 crore for the corresponding quarter previous year.

Glaxosmithkline Consumer Healthcare’s core business is manufacturing of health drinks under the brand Horlicks.

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