GSK Consumer Health

GlaxoSmithKline Pharmaceuticals Ltd on Friday reported a 46 per cent increase in consolidated net profit at Rs 194.48 crore in the fourth quarter ended March 31, on the back of higher sales. The company had posted a net profit of Rs 133.43 crore in the corresponding quarter of the previous fiscal, GlaxoSmithKline Pharmaceuticals (GSK Pharma) said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 929.8 crore as against Rs 787.45 crore in the year-ago period, it added. Total expenses in the fourth quarter were higher at Rs 691.41 crore as compared to Rs 635.54 crore in the same period a year ago. The board has recommended a dividend of Rs 32 per equity share on the face value of Rs 10 each for the year ended March 31, subject to approval of members at upcoming annual general meeting, the company said. For the fiscal ended March 31, 2024 net profit was at Rs 589.96 crore as compared to Rs 610.69 crore in the preceding year, the compa

In 2018, HUL had announced that GSK Consumer Healthcare will merge with HUL in an all-stock deal

The move was met with disapproval from shareholders, some of whom also criticised Unilever for prioritising sustainability over core growth

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Consumer protection regulator CCPA has passed an order against GlaxoSmithKline Consumer Healthcare Ltd directing it to discontinue advertisements of Sensodyne products in India for flouting norms.

With the creative ecosystem being overhauled in a lockdown, GSK Consumer refurbishes the digital branding toolkit

HUL's current market value of Rs 5.14 trillion is also more than the combined Rs 4.20 trillion market capitalisation of India's top 10 listed automobile companies

On November 6, 2019, the Mumbai Bench of the NCLT had sanctioned the scheme and the order was subject to sanction of the Chandigarh Bench of NCLT

The firm's operating revenue stood at Rs 1,159 crore - up 3.7 per cent YoY from Rs 1,117 crore

The analytics tool has been created to capture the data and send out alerts to partner brands about an impending weather episode, say for instance 'a cold and flu' season for GSK

Steer Engineering has moved Delhi HC seeking to protect the technology it gave to GSK

Its net profit margin during the quarter notched up to 16%

The company added, it took the step in the interest of safety and security of its employees, and to protect the assets of the factory.

Net sales declined 9.6% to Rs 1,053 cr