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GSK Consumer's pre-tax profit up 6% in Q2 on controlled raw material costs

According to the company, its domestic business grew 7 per cent, backed by Horlicks' and Boost's performance

Horlicks, GSK Consumer, GSK
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Arnab Dutta New Delhi
GlaxoSmithKline Consumer Healthcare (GSKCH), the maker of popular health drinks Horlicks and Boost, on Thursday reported a 5.7 per cent year-on-year (YoY) rise in profit before tax (PBT) in the July-September quarter. The firm’s PBT rose to Rs 451.8 crore from Rs 427.4 crore, as benign raw material prices kept its expenses at check.
 
GlaxoSmithKline Consumer’s revenue from operations remained muted with 5.7 per cent YoY growth. It has reported Rs 1,345 crore revenue in the last quarter, compared to Rs 1,272 crore a year-ago period.
 
According to the company, its domestic business grew 7 per cent, backed

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