GSK Consumer Healthcare Q2 net profit up 13% to Rs 120cr
The company's net sales in April-June were up 17 percent to Rs 853 crore.
August 02, 2013 / 13:41 IST
Moneycontrol Bureau
GlaxoSmithKline Consumer Healthcare on Thursday said its second quarter net profit rose 13 percent year-on-year to Rs 120 crore.The maker of malted beverages like Horlicks and Boost said its net sales in the April-June quarter were up 17 percent from a year ago to Rs 853 crore.GSK Consumer's expenses last quarter increased 19 percent to Rs 746 crore. While raw material costs gained 9 percent to Rs 281 crore and advertising and promotional spends rose 19 percent to Rs 138 crore.GSK Consumer Healthcare shares closed at Rs 4,580.55 on NSE, down 2 percent.Also Read: Tata Global Beverages Q1 net up 44% at Rs 112cr Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
