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Glaxosmithkline Consumer Healthcare reports 24% rise in Q1 net profit

02 Aug 2019 Evaluate

Glaxosmithkline Consumer Healthcare has reported results for first quarter ended June 30, 2019.

The company has reported 23.77% rise in its net profit at Rs 248.08 crore for the quarter under review as compared to Rs 200.44 crore for the same quarter in the previous year. Total income of the company increased by 9.75% at Rs 1,320.90 crore for Q1FY20 as compared Rs 1,203.59 crore for the corresponding quarter previous year.

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

Peers
Company Name CMP
Nestle India 1340.70
Varun Beverages 426.90
Britannia Industries 4819.20
LT Foods 405.20
Hatsun Agro Product 1101.10
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