Home » GlaxoSmithKline Pharma's Net Slips to Rs 46.9 cr
GlaxoSmithKline Pharma's Net Slips to Rs 46.9 cr
May 2, 2005
GlaxoSmithKline Pharmaceuticals (GSK), a major MNC in India, suffered setback during the first quarter ended March 2005 due to de-stocking by the trade during the quarter and implementation of VAT. Its net profit declined by 26.7 percent to Rs 46.91 crore from Rs 63.98 crore in the corresponding period of last year.
Pharmabiz (http://www.pharmabiz.com/article/detnews.asp?articleid=27385)
KEYWORDS Daily International Pharma Alert
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