Apollo Finvest (I) Limited
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BSE Code:
512437
NSE Code:
APOLLOFI
Business Profile
Business Profile
Apollo Finvest India (APOFINND) is a marketing and financial services company. It was incorporated on July 29, 1985.
The company is engaged in the marketing of telecom products of Birla 3M, The Arvind Mills (telecommunications division) and Himachal Futuristic Communication; and pipes of Zenith, Quality Steel Tubes, Rajinder Steels, and Chemiplast Industries. Besides marketing, it is involved in leasing and hire purchase finance, merchant banking, bills discounting and money market operations, investment and portfolio management, and Over The Counter Exchange of India (OTCEI) operations
The registered office of the company is located at Jewel Arcade, Plot No. 123, Ist Floor, TPS IV, Mumbai-400050.
Financials
Apollo Finvest India registered a decline in net profit of Rs 2.72 million for the quarter ended September 2007 from a profit of Rs 2.95 million for the quarter ended September 2006.
Net sales rose 36.06% to Rs 4.49 million for the quarter ended September 2007 from Rs 3.3 million for the quarter ended September 2006.
Total income rose 35.99% to Rs 4.61 million for the quarter ended September 2007 from Rs 3.39 million for the quarter ended September 2006.