Company watch: Can Inventia, stretched by costs and capex, bump up flatlining revenues?
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Company watch: Can Inventia, stretched by costs and capex, bump up flatlining revenues?

By Ankit Agarwal

  • 23 Oct 2020
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Company watch: Can Inventia, stretched by costs and capex, bump up flatlining revenues?
Credit: 123RF.com

Maharashtra-based pharmaceutical firm Inventia Healthcare Ltd recorded little change in revenue for 2019-20 and narrowly avoided a loss after increasing sales and profit at a quick pace the year before. The huge hit on profitability was due to a spike in cost of goods, an increase in manpower expenses, and ongoing ......

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