GlaxoSmithkline Consumer Q2 profit up at Rs.42.3 Crores

GlaxoSmithkline Consumer Healthcare Ltd has announced the following Unaudited results for the quarter ended June 30, 2007.

The Company has posted a profit after taxation of Rs 423 million for the quarter ended June 30, 2007 as compared to Rs 309 million for the quarter ended June 30, 2006. Total Income (net of excise) has increased from Rs 2822 million for the quarter ended June 30, 2006 to Rs 3322 million for the quarter ended June 30, 2007.

The company has reported an Earnings Per Share (EPS) of Rs.10.06 for the Quarter ending June 30, 2007 compared to Rs.7.35 for Quarter ending June 30, 2006.

The stock was trading at Rs.575, down by Rs.4.20 or 0.73%. The stock hit an intraday high of Rs.581 and low of Rs.567.05. The total traded quantity was 3554 compared to 2 week average of 10271.

Source : Equity Bulls

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