The cough syrup company, which killed 66 people, has a turnover in crores, business has also spread abroad

According to the website of this company embroiled in controversies, the business of Maiden Pharma is spread not only in India but also abroad. The promoter of this company is Naresh Goyal.

The World Health Organization has issued a warning after 66 people died due to cold and cough syrup. After this warning, many questions have started arising on the company making it. The World Health Organization (WHO) has made it clear in its warning that the death of children in The Gambia is related to this company. But do you know that the turnover of this Delhi based company is in crores and its expansion is spread not only in the country but also abroad.

Turnover is in crores

According to the report published in Business Standard, Delhi-based company Maiden Pharma has shown a turnover of 38.07 crores in the financial year 2021. Talking about Ebida, it has been said to be of 91.41 lakhs. On the other hand, Maiden Pharma's profit after tax has been shown to be Rs 5.82 lakh. According to this report, the promoter of this company is Naresh Goyal.

Business has also spread abroad

According to the website of this company embroiled in controversies, the business of Maiden Pharma is spread not only in India but also abroad. The company also has presence in Africa, South-East Asia and South America countries. At the same time, the company has also expanded its business in Russia, Poland and Belarus. According to the website of Maiden Pharma, the company manufactures capsules, tablets, injection drugs and other ointments apart from cough syrups.

ISO certificated company

About 30 years old, this company is ISO 9001-2015 certified. The company itself has mentioned this on its website. The company has two plants in India at Kundli and Panipat in Haryana. According to the company's website, Maiden Pharma's corporate office is located in Pitampura, Delhi.

The company has already been embroiled in controversies

For the first time in front of Delhi based Maiden Pharma, established in the year 1990, no such dispute has come up. According to the Business Standard report, even earlier in the year 2013-14, the company has been accused of illegally selling paracetamol syrup of poor quality. At that time the company came under the scanner of the Jharkhand Drug Controller.