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Drug firm GSK Pharma's Q1 net profit rises 9% to Rs 121 crore


Drug firm GSK Pharma s Q1 net profit rises 9% to Rs 121 crore
The company had posted a net profit of Rs 110.83 crore for the corresponding period of the previous fiscal, GlaxoSmithKline Pharmaceuticals said in a regulatory filing
Shares of GlaxoSmithKline Pharmaceuticals Ltd closed at Rs 1,726.20 per scrip on BSE
PTI
Updated Jul 27, 2021, 7:39 AM IST
Drug firm GlaxoSmithKline Pharmaceuticals on Monday reported a 9.24 per cent rise in consolidated net profit to Rs 121.08 crore for the quarter ended June 30, 2021. The company had posted a net profit of Rs 110.83 crore for the corresponding period of the previous fiscal, GlaxoSmithKline Pharmaceuticals said in a regulatory filing. ....

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GlaxoSmithKline Pharmaceuticals reports net profit of Rs 157 cr in Q3


The company had reported a net loss of Rs 661.16 crore in the October-December period of 2019-20.
Revenue from operations rose by 10 per cent to Rs 857.20 crore during the third quarter as against Rs 778.59 crore in the year-ago period, the company said in a regulatory filing.
The company demonstrated a strong rebound with sales growing by 33 per cent from first quarter of FY21 post a decline in the pandemic peak, as most of our key brands gained market share and outpaced their competitor brands, GlaxoSmithKline Pharmaceuticals MD Sridhar Venkatesh said.
Vaccines and respiratory segments remain important growth areas for the company and are expected to grow in higher double digits, he added. ....

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