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Nuway Organic Naturals (India) Limited
Sector:Others Others - Trading
BSE:531819NSE:NABloomberg:NWO@INReuters:NWAY.BO
Market Lot: 1Face Value: 10ISIN Demat: INE414L01012
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06-Jun-2014
Business Profile
Nuway Organic Naturals (India) (NUWAY), incorporated on Jul. 10, 1995 as a public limited company, is restructuring by venturing into new business activities.
Earlier known as Mohindra Papers, it got its present name with effect from Mar. 24, 2004.

A project for manufacturing vodka is being implemented by the company. This would be the first time vodka as an indigenous product will be produced in India. For this project, it has entered into a joint venture/technical arrangement with Punjab Agro Industrial Corporation for manufacturing potato-based vodka. A bathing soap plant has also been put up at Baddi, in Himachal Pradesh. During the year FY07, there were no sales as both the projects have yet to commence production.

The registered office is at 22, Pratap Colony, Model Gram, Ludhiana-141008, Punjab.


Financials
The company reported fall of 156.19% in standalone net profit on y-o-y basis to Rs 31.32 million, while total income rose 10.58% y-o-y basis to Rs 183.04 million for the quarter ended March 2014.

In Brief

 
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