GlaxoSmithKline Pharmaceuticals has posted a net profit of Rs 137 crore for the quarter ended December 31, 2011 as compared to Rs 116 crore for the quarter ended December 31, 2010 representing an increase of 18.18%.
Total income has increased from Rs 501 crore for the quarter ended December 31, 2010 to Rs 578 crore for the quarter ended December 31, 2011, representing an increase of 15.35%.
During the quarter, the operating profit margin increased 20 bps to 29.06% from 28.86% for the same period last year.
Board of the company has recommended a dividend of Rs 45 a share for the year ended Dec. 31, 2011.
Shares of the company declined Rs 26.90, or 1.27%, to trade at Rs 2,086.10. The total volume of shares traded was 6371 at the BSE.
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