HomeNewscompaniesGlaxoSmithKline Pharmaceuticals Q2 net profit rises 16% to Rs 252 crore

GlaxoSmithKline Pharmaceuticals Q2 net profit rises 16% to Rs 252 crore

The company's board declared a special interim dividend of Rs 12 per equity share of face value of Rs 10 each

October 29, 2024 / 21:39 IST
Story continues below Advertisement
GlaxoSmithKline
GlaxoSmithKline said its key brands held their market share and continued to stay in line with the respective category performance.

GlaxoSmithKline Pharmaceuticals on October 29 reported a 16 percent year-on-year increase in its consolidated net profit to Rs 252 crore in the September quarter, aided by robust sales across segments.

The drug maker posted a net profit of Rs 217 crore for the July-September quarter of last fiscal.

Story continues below Advertisement

Revenue from operations rose to Rs 1,010 crore for the September quarter compared with Rs 957 crore in the year-ago period, GlaxoSmithKline Pharmaceuticals said in a regulatory filing.

The company said its board declared a special interim dividend of Rs 12 per equity share of face value of Rs 10 each.