Snowman Logistics Ltd. reported sales of INR 143.45 crores for the quarter that ended September 30, 2024, up 15.66% from INR 124.02 crores for the same period the year before. In comparison to INR 25.54 crores in the same quarter last year, EBITDA was INR 23.10 crores.
In the half-year that concluded on September 30, 2024, Snowman Logistics Ltd. generated INR 283.67 crores in revenue, up 12.22% from INR 252.79 crores during the same period the year before. EBITDA for the same time last year was INR 50.96 crores, compared to INR 47.31 crores this year.
Mr. Prem Kishan Dass Gupta, Chairman of Snowman Logistics Limited, discussed the performance, saying, “We had a robust Q2 quarter, with double-digit revenue growth fueled by strong momentum in our 5PL business.” With further facilities planned to increase our regional presence and service capabilities, we are happy to announce the opening of our warehouse in Lucknow. We anticipate high client demand, and Snowman is poised to increase profitability throughout our operations with the continued emphasis on cost management.
About Snowman Logistics Limited
Snowman Logistics is the market leader in integrated temperature-controlled logistics and distribution services, catering to the varied cold chain logistical requirements of its clients, on a pan-India basis. With 45 strategically located warehouses, having a total pallet capacity of 1,43,285 across 20 cities. Snowman caters to its comprehensive network of reputed clients, which source and consume temperature-sensitive products in bulk amounts. Snowman caters to various services like dairy products including butter and cheese, canned food items, poultry and meat, seafood, healthcare, and pharmaceutical products.
