IND-AGIV COMMERCE LTD
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BSE Code:
517077
NSE Code:
INDAGIV
Business Profile
Business Profile
Ind Agiv Commerce (INDAGIV), incorporated in the year 1986, has been engaged in the business of trading in broadcast equipments and selling paints. Earlier known as Electro-Mech (India), it got its present name with effect from Jan. 06, 2004.
Trading in brands procured from global leaders, the company has joined hands with companies like Canon, Ikegami, FOR-A, Ultimate, IDX, Tiffen, Kramer, Panther, Echolab, Kata, and Crystal Vision to name a few. It has a well established marketing network with regional offices in Bangalore and Delhi. In FY07, no major business activity was carried out. The Bangalore branch switched over to selling paints.
The registered office is at 85, V.N. Purav Marg, Sion-Chunabhatti Road, Mumbai-400022.
Financials
Ind Agiv Commerce registered a 244.44% growth in net profit to Rs 0.93 million for the quarter ended June 2008 from a profit of Rs 0.27 million for the quarter ended June 2007.
Net sales increased 2.31 times to Rs 8.05 million for the quarter ended June 2008 from Rs 3.49 million for the quarter ended June 2007.
Total income rose 119.35% to Rs 8.05 million for the quarter ended June 2008 from Rs 3.67 million for the quarter ended June 2007.