Motilal Oswal
GSK Consumer (SKB) posted a 5.2% YoY decline (est. of +7% YoY) in net sales (including operating income) to INR9.4b (Ind-AS). Excluding other operating income (+3.8% YoY), net sales declined 5.7% YoY in 1QFY17. EBITDA declined...
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