GlaxoSmithKline posts $30.3 mn net profit

April 21st, 2008 - 11:06 pm ICT by admin  


Mumbai, April 21 (IANS) GlaxoSmithKline Pharmaceuticals posted a net profit of $30.3 million (Rs 1.2 billion) for the last quarter (January-March) of 2007-08 as compared to $27.8 million of the same period of the previous fiscal. The total income for the quarter has gone up to Rs.4.5 billion against Rs.4.4 billion of the last quarter of 2006-07.

The growth in net sales (excluding the fine chemicals business) was 5.3 percent and profit before tax grew by 12.1 percent during the quarter.

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