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GlaxoSmithkline Consumer Healthcare’s Q1 net jumps 19.30%
Date: 07-05-2012GlaxoSmithkline Consumer Healthcare has reported 19.30% rise in its net profit at Rs 131.97 crore for the first quarter ended March 31, 2012 as compared to Rs 110.62 crore for the same quarter last year.
The company’s total income has increased to Rs 860.87 crore, up by 15.71% from Rs 744.00 crore in the corresponding quarter previous year.
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.