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GlaxoSmithKline Pharma Q1 net profit declines 2.38 pc to Rs 111 cr

The company had posted a net profit of Rs113.54crore in the corresponding period previous fiscal

GlaxoSmithKline. Photo: Reuters
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Revenue from operations stood at Rs 648.59 crore for the quarter under consideration. It was Rs 787.97 crore for the same period year ago

Press Trust of India New Delhi
Drug firm GlaxoSmithKline Pharmaceuticals on Wednesday reported 2.38 per cent fall in its net profit to Rs 110.83 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 113.54 crore in the corresponding period previous fiscal, GlaxoSmithKline Pharmaceuticals said in a BSE filing.

Revenue from operations stood at Rs 648.59 crore for the quarter under consideration. It was Rs 787.97 crore for the same period year ago, it added.

"It is encouraging for us to note that during such challenging times our market share has grown despite the established brands not performing up

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First Published: Jul 29 2020 | 8:46 PM IST

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