Midday results dashboard: GSK Consumer, Edelweiss Financial, City Union Bank announce results

Several companies have announced results today before lunch, among which Glaxosmithkline Consumer Healthcare declared net profit growth of over 51% YoY and revenue growth YoY of over 12.3%. Edelweiss Financial announced results that missed estimates, disappointing investors - showing both revenue and net profit growth of 29% YoY.

City Union Bank for Q1 saw 7.72% revenue growth and 15.2% net profit growth YoY, and NPAs stayed flat, providing good news overall for investors. Provisioning for bad loans was also lower, and share price of CUB jumped on the results announcement. For the full result dashboard, click here

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