GlaxoSmithKline Pharma Q2 net dips 25% at Rs 96 crore

New Delhi: GlaxoSmithKline Pharmaceuticals today reported a 25.39 percent dip in standalone net profit at Rs 96.05 crore for the quarter ended September 30.

The company had posted a net profit of Rs 128.67 crore for the same period a year ago, GlaxoSmithKline Pharmaceuticals said in a filing to BSE.

Standalone total income from operations also declined to Rs 700.09 crore for the quarter under review as against Rs 746.76 crore for the corresponding period of previous fiscal.

Established in 1924 in India, GlaxoSmithKline Pharmaceuticals product portfolio includes prescription medicines and vaccines.

The firm's prescription medicines range across therapeutic areas such as dermatology, anti-infectives, gynaecology, diabetes, cardiovascular diseases, respiratory diseases and oncology.