GSK Consumer net gains 12% in Q2

GlaxoSmithKline Consumer Healthcare (GSKCH) has recorded a 12.53 per cent increase in its net profit during the second quarter ending June 30 at Rs 119.96 crore (Rs 106.6 crore). Total income for the quarter has also increased to Rs 982.83 crore (Rs 786.96 crore). Zubair Ahmed, Managing Director, said: “Over the last few months, we have been focusing not only on base products but also high science-based value-added products. Furthermore, cost-efficient engineering programmes have helped the company deliver progressive result.”