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GlaxoSmithkline Consumer reports 25% rise in Q3 net profit

01 Nov 2012 Evaluate

GlaxoSmithkline Consumer Healthcare has reported results for third quarter ended September 30, 2012.

The company has reported 24.77% rise in its net profit at Rs 128.55 crore for the quarter ended September 30, 2012 as compared to Rs 103.03 crore for the same quarter in the previous year. Total income of the company has increased by 15.32% at Rs 885.31 crore for quarter under review as compared to Rs  767.71 crore for the quarter ended September 30, 2011.

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.

Peers
Company Name CMP
Nestle India 1343.20
Varun Beverages 430.55
Britannia Industries 4854.00
LT Foods 407.35
Hatsun Agro Product 1101.50
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