GlaxoSmithkline Consumer Healthcare profit up 48%

GlaxoSmithkline Consumer Healthcare today said its net profit in the first quarter ended March 31 grew by 48.34% to Rs 83.89 crore over the corresponding period a year ago.

The company had a net profit of Rs 56.55 crore in the March quarter last financial year, GlaxoSmithkline Consumer Healthcare said in a filing to the Bombay Stock Exchange.

The total income of the company rose to Rs 565 crore during Q1 of current financial year from Rs 429.46 crore of the same quarter of last fiscal.

Shares of GlaxoSmithkline Consumer Healthcare were trading at Rs 765.10, up 2.72% in the afternoon trade on the BSE.