GlaxoSmithKline Pharma Q1 net up 18.14% at Rs 143.27 cr

Drug maker GlaxoSmithKline Pharmaceuticals today said its net profit for the first quarter ended March 31, 2009, rose by 18.14% to Rs 143.27 crore.      

The company had a net profit of Rs 121.27 crore in the same quarter ended March 31, 2008, GlaxoSmithKline Pharmaceuticals said in a filing to the Bombay Stock Exchange.      

Income from operations rose to Rs 460.98 crore for the quarter under review as against Rs 424.22 crore in the same quarter last year.      

Shares of GlaxoSmithKline Pharmaceuticals were trading at Rs 1,180, up 1.08% on the BSE.