GlaxoSmithkline Consumer Healthcare has reported results for third quarter ended December 31, 2016.
The company has reported 8.25% fall in its net profit at Rs 136.41 crore for the quarter under review as compared to Rs 148.68 crore for the same quarter in the previous year. Total income of the company decreased by 11.94% at Rs 1016.09 crore for the quarter under review as compared Rs 1153.86 crore for the corresponding quarter previous year.
GlaxoSmithkline Consumer Healthcare’s core business is manufacturing of health drinks under the brand Horlicks. It exports products to countries like Bangladesh, Myanmar, Sri Lanka, Middle East, Fiji, Mauritius, Nepal, Bhutan and many more.