GSK Consumer Healthcare Q3 net profit zooms 13%

GlaxoSmithklineGlaxoSmithkline Consumer Healthcare, a leading manufacturer of nutritional foods and beverages, has registered a surge of 13 per in its net profit at Rs 60.02 crore for the third quarter ended September 30, against the same period a year earlier.

The company had posted a net profit of Rs 53.03 crore for the quarter ended September 30, 2008.

Further, company’s total income also grew to Rs 516.32 crore for the quarter ended September 30, 2009 from Rs 449.28 crore for the quarter ended September 30, 2008

The company posted a net profit of Rs 199.10 crore for the nine-month ended September 30, up 28 per cent from Rs 155.75 crore in the same period last year.

On announcement of good results, the stock of the company closed today at Rs 1245, up 2% compared to its previous close. The stock had made 52-week-high and low of Rs 1278 and Rs 480 respectively.