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Journalism of Courage
Global FMCG firm GlaxoSmithkline Consumer Healthcare said its net profit rose by 14.62 per cent to Rs 96 crore for the quarter ended March 31,2010,over the same period last year.
Total income increased to Rs 672 crore for the quarter ended March 31,from Rs 564 crore in the same period previous fiscal,GlaxoSmithkline said in a filing to the Bombay Stock Exchange.
Shares of the company reacted positively to the quarterly earnings and surged 1.03 per cent to touch an year-high level of Rs 1,594.90.
The company has declared a final dividend of Rs 18 per share on the face value of Rs 10 per share,the filing added.
Shares of GlaxoSmithkline Consumer Healthcare were trading at Rs 1,572.60 on BSE,down 0.38 per cent from previous close.
