GSK Consumer Q2 net profit up 43% at Rs 2.75 bn, sales up 14.41%

GlaxoSmithKline Consumer Healthcare Ltd on Thursday reported 43.17 per cent increase rise in net profit to Rs 2.7549 billion for the second quarter ended September 30.

The company had posted a net profit of Rs 1.9241 billion in the July-September quarter a year ago, GlaxoSmithKline Consumer Healthcare said in a filing to BSE.

Its net sales was up 14.41 per cent to Rs 12.7199 billion during the quarter under review as against Rs 11.1171 billion in the corresponding quarter of the previous fiscal.

The company's total expenses was up 7.18 per cent at Rs 9.3358 billion compared to Rs 8.7102 billion.

Shares of GlaxoSmithKline Consumer Healthcare on Thursday closed at Rs 7,074.55 on BSE, up 0.80 per cent from previous close.