Views on GSK Consumer 4QCY2013 results - Angel Broking

Views of Mr. V. Srinivasan (Research Analyst - FMGC, Angel Broking) on GSK Consumer 4QCY2013 results:

"GSK Consumer's 4QCY2013 results were in-line with estimates. The company posted an 18.3% yoy growth in top-line to Rs. 839cr aided by both higher volume and better realization. The company's operating profit rose by 14.8% yoy to Rs. 59cr. Bottom-line rose by 14.5% yoy to Rs. 80cr aided by superior operating performance and a 22.8% yoy growth in other income. We maintain a neutral rating on the stock."

Source : Equity Bulls

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