GlaxoSmithKline Consumer Healthcare Ltd. posts weak quarter with 24.8% PAT decline
DSIJ Intelligence / 09 Aug 2017
GlaxoSmithKline Consumer Healthcare Ltd. reported its results for the quarter ended June 30, 2017 yesterday.
GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD . reported its results for the quarter ended June 30, 2017 yesterday.
Total sales for this quarter, Q1FY18, came in at Rs. 1045.88 crore. This represents a 13.47 per cent sequential decline and 1.27 per cent YoY decline.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 166.34 crore and the EBIT margin stood at 15.9 per cent.
In terms of the bottom-line, the company reported a PAT figure of Rs. 132.23 crore which represents a sequential QoQ decline of 24.8 per cent and a YoY decline of 17.67 per cent.
GlaxoSmithKline Consumer Healthcare Limited is a food processing company. The Company offers malt-based food, protein rich food, cereal-based beverage and nutritional food powder. Its products include nutritional products and over the counter (OTC) products. The Company's nutritional products include Horlicks Ninja, Junior Horlicks, Mother's Horlicks, Horlicks Lite, Horlicks Biscuits, Boost, Maltova and Viva.
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