39. COMNET VISION: Managing profits

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DQC News Bureau
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PK Sharma

CEO

START-UP-YEAR: 1996; 

NO OF PARTNERS: 1,100, BRANCHES: 4

AGEMNCY OPERATIONS: Samsung, Intel, IBM, HP, LG, Seagate, Creative, Vintron, Iomega and D-Link;
ADDRESS: B-1, Aggarwal Bhawan, 35-36 Nehru Place, New Delhi - 19. 

TEL: 011-26285262; 

Fax: 011-26440262

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AGENCY
REVENUE (RS Cr)

With its focussed approach in corporate, retail and redistribution business, Comnet Vision clocked a revenue of Rs 50 crore in FY 2002-03. Though the company had a 0% growth over FY 2001-02, it managed to improve its position in the Next 25 by two ranks. 

Comnet provided tailored solutions, turnkey projects including AMC services to corporate customers. PK Sharma, CEO, Comnet Vision says, “Our contribution in promoting Intel boxed products too was outstanding, a fact even recognized by the vendor."

Comnet was supposed to launch its own brand of PCs last fiscal but later decided not to go with the plan. Sharma says that the market for locally-branded PCs did not look very attractive to him and hence the decision to cancel the launch. For the current fiscal, the company plans to strengthen its bottomline. “We might clock lesser revenue this year but we would definitely be aiming at increasing our bottomline," adds Sharma.

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Comnet has also recently opened a showroom in the capital in addition to one it had earlier. It plans to increase its retail presence by adding couple more showrooms.