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GSK Pharma net profit rises 11%
image for illustrative purpose
NEW DELHI: GlaxoSmithKline Pharmaceuticals on Wednesday said its consolidated net profit increased by 11 per cent to Rs 132 crore for the first quarter ended June 30. The drug maker had reported a net profit of Rs 119 crore in the April-June quarter of the last fiscal. Its total income rose to Rs 798 crore in the first quarter against Rs 773 crore in the year-ago period, GlaxoSmithKline Pharmaceuticals said in a regulatory filing. "Despite the strong external headwinds, GSK remains focused on delivering best-in-class competitive performance and driving operational efficiencies.