GlaxoSmithKline FY10 net up 10% to Rs 560.5 cr

GlaxoSmithKline Pharmaceuticals posted its net profit of Rs 560.57 crore for the year ended December 31, 2010, up 10.37% as compared to Rs 507.86 crore for the corresponding year in 2009, according to a release filed with the Bombay Stock Exchange (BSE).

The total income has increased 13.26% to Rs 2,182.03 crore for the year ended December 31, 2010 from Rs 1,926.50 crore for the year ended December 31, 2009.

At 01:42 pm, the shares of the company were trading down 0.73% at Rs 2,193.90 on the BSE.