in

GlaxoSmithKline Pharma Q4 results: Reports net profit of Rs 14 cr

ETMarkets.com
For the entire 2020-21, the company posted a net profit of Rs 358.15 crore as against Rs 93.20 crore in the preceding fiscal.
NEW DELHI: Drug firm on Tuesday reported a consolidated net profit of Rs 14.33 crore for the fourth quarter ended March 2021.

The company had posted a net profit of Rs 138.07 crore for the corresponding period of the previous fiscal, GlaxoSmithKline Pharmaceuticals said in a BSE filing.

Its consolidated revenue from operations stood at Rs 813.75 crore for the quarter under consideration. It was Rs 775.80 crore a year ago, it added.

For the entire 2020-21, the company posted a net profit of Rs 358.15 crore as against Rs 93.20 crore in the preceding fiscal, the filing said.

Consolidated revenue from operations for 2020-21 was Rs 3,198.86 crore compared to Rs 3,224.38 crore, it added.

“Our relentless patient focus helped us revitalise growth through the year and emerge with renewed resilience in Q4 as we notched double-digit growth across some of our focus brands,” GlaxoSmithKline Pharmaceuticals MD Sridhar Venkatesh said.

The Board of Directors of the parent company recommended a dividend of Rs 30 per equity share of the face value of Rs 10 each for the year ended March 31, 2021, the filing said.

Shares of GlaxoSmithKline Pharmaceuticals closed at Rs 1,515.75 per scrip on BSE, down 0.16 per cent from its previous close.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

/disclaimer.cms?msid=5766568potime:10

ETPrime stories of the day

/articleshow_primestories.cms?msid=69891145potime:1




Source: GlaxoSmithKline Pharma Q4 results: Reports net profit of Rs 14 cr

What do you think?

JSHL Q4 results: Net profit grows over three-folds to Rs 350 crore

Eufy’s RoboVac G30 is the quietest vacuum-mop you’ll ever meet