Mumbai, May 01: GlaxoSmithkline Consumer Healthcare Ltd has posted a 7.37 per cent rise in net profit at Rs 19.51 crore in first Quarter ended March 31, 2004, as compared to Rs 18.17 crore posted during the same period of the previous fiscal.
The company`s total income rose to Rs 214.09 crore during the Quarter under review, as against Rs 185.6 crore recorded
in the first Quarter of previous financial year, Glaxosmithkline informed the stock exchange here.
The healthcare major has elected eight new directors on its board at the annual general meeting today, while Horlicks Ltd has nominated two more directors, in addition to S J Scarff, chairman, and Nicholas J Massey, Managing Director, it said.
Bureau Report
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