GlaxoSmithKline Consumer Healthcare Q3 PAT Seen up 17.1 Percent YoY to Rs. 191.6 Crore

Prabhudas Lilladher has come out with its third quarter (October-December’ 18) earnings estimates for the Consumer sector. The brokerage house expects GlaxoSmithKline Consumer Healthcare to report net profit at Rs. 191.6 crore up 17.1 percent year-on-year (down 30.5 percent quarter-on-quarter). Net Sales are expected to increase by 10.5 percent Y-o-Y (down 10.1 percent Q-o-Q) to Rs. 1143.3 crore, according to Prabhudas Lilladher. Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 20.5 percent Y-o-Y (down 30.5 percent Q-o-Q) to Rs. 245.8 crore. – Money Control