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Source Natural Foods and Herbal Supplements Limited
Sector:Pharmaceuticals Pharmaceuticals - Bulk Drugs and Formulations
BSE:531398NSE:NABloomberg:IVL@INReuters:INWX.BO
Market Lot: 1Face Value: 10ISIN Demat: INE679C01027
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18-Jun-2013
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
The company announced rise of 214.78% in standalone net profit on y-o-y basis to Rs 2.33 million, while total income climbed 148.83% y-o-y basis to Rs 10.65 million for the quarter ended December 2012.

Recent Developments
18-JUN-13
Source Natural Foods and Herbal Supplements announced that board of directors said that, approval of the Central Government for transaction with Divine Services and Sumeru Travel Solutions LLP partnership firms.

12-FEB-10
Inwinex Pharmaceuticals, engaged in the manufacture of pharmaceuticals, gained total of 250.82% during last 5 weeks. The company manufactures antibiotics, norfloxacin, pefloxacin, enrofloxacin, and electrolyte supplements. Its share price as on Feb.11, 2010 stood at Rs 51.5.



In Brief

 
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