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GSK Consumer Q2 net profit up 43% at Rs 275 crore

The company had posted a net profit of Rs 192.41 crore in the July-September quarter a year ago, GlaxoSmithKline Consumer Healthcare said in a filing to BSE.

November 01, 2018 / 18:40 IST
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We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

GlaxoSmithKline Consumer Healthcare on November 1 reported 43.17 percent increase rise in net profit to Rs 275.49 crore for the second quarter ended September 30.

The company had posted a net profit of Rs 192.41 crore in the July-September quarter a year ago, GlaxoSmithKline Consumer Healthcare said in a filing to BSE.

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Its net sales was up 14.41 percent to Rs 1,271.99 crore during the quarter under review as against Rs 1,111.71 crore in the corresponding quarter of the previous fiscal.

The company's total expenses was up 7.18 percent at Rs 933.58 crore compared to Rs 871.02 crore.