SOURCE NATURAL FOODS & HERBAL SUPPL LTD
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BSE Code:
531398
NSE Code:
SOURCENTRL
Business Profile
Business Profile
Inwinex Pharmaceuticals (INWINEX), incorporated in 1995, is engaged in the manufacture of pharmaceuticals. Earlier known as Invinex Laboratories, it got its present name on Mar. 02, 2007.
The company manufactures antibiotics, norfloxacin, pefloxacin, enrofloxacin, and electrolyte supplements. The company has been incurring losses for past couple of years on account of partial shutdown of the factory for renovation and inadequate working capital facilities. The factory, located at Hyderabad in Andhra Pradesh, has been completely shut down from Apr. 12, 2006 due to inadequacy of working capital.
The registered office is located at Plot No 22 & 23, SVCIE, Bachepally Miyapur, Hyderabad-500325, Andhra Pradesh.
Financials
Inwinex Pharmaceuticals registered a loss of Rs 0.59 million for the quarter ended December 2007.
Net sales increased 69.33 times to Rs 2.08 million for the quarter ended December 2007 from Rs 0.03 million for the quarter ended December 2006.
Total income rose 5,250% to Rs 2.14 million for the quarter ended December 2007 from Rs 0.04 million for the quarter ended December 2006.