GSK's India arm reports 12.5 percent Q2 profit at Rs 218 crore
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Bengaluru: GlaxoSmithKline Pharmaceuticals reported a 12.5% rise in quarterly profit as the Indian unit of UK's GSK plc saw strong demand for its vaccines and general medicine.
Consolidated profit for the quarter ended September 30 rose to Rs 218 crore ($26.18 million) from Rs 193 crore a year earlier.
Sales of general medicine grew 5% during the quarter, while those of vaccines rose 10% led by demand for its shingles vaccine, Shingrix, the company said in a statement.
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