GSK Consumer Q3 net up 20%

The company had reported a net profit of Rs 136.4 crore for the October-December period a year ago. The company’s revenue from operations was Rs 1,034.7 crore.

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It was Rs 960.2 crore in the year-ago period, GlaxoSmithKline Consumer Healthcare said in a BSE filing.
NEW DELHI: GlaxoSmithKline Consumer Healthcare on Monday reported a 20% increase in its standalone net profit at Rs 163.7 crore for the quarter ended December 2017, on the back of a strong performance by its flagship health drink brands — Horlicks and Boost.

The company had reported a net profit of Rs 136.4 crore for the October-December period a year ago. The company’s revenue from operations was Rs 1,034.7 crore.

It was Rs 960.2 crore in the year-ago period, GlaxoSmithKline Consumer Healthcare said in a BSE filing. “We have delivered a strong third quarter owing to robust performances by Horlicks and Boost,” GSK MD Navneet Saluja said.

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