Mumbai, November 11, 2024: 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. The EBITDA was INR 23.10 crores. as against INR 25.54 Crores, in the corresponding quarter of the previous year.
Snowman Logistics Ltd. reported sales of INR 283.67 crores for the half-year that ended on September 30, 2024, up 12.22% from INR 252.79 crores for the same period the year before. The EBITDA was INR 47.31 crores as opposed to INR 50.96 crores for the the same time frame as the year before.
Mr. Prem Kishan Dass Gupta, Chairman of Snowman Logistics Limited, discussed the results, saying, “We had a robust Q2 quarter, with double-digit revenue growth fuelled by strong momentum in our 5PL business.” With great pleasure, we announce the opening of our Lucknow warehouse, and we still have plans to build more locations in the future to increase our service capabilities and regional reach. With a robust outlook for client demand and a continued emphasis on cost optimisation, Snowman is poised to increase profitability across the board.
Concerning Snowman Logistics Limited
As the industry leader in comprehensive temperature-controlled logistics and distribution services, Snowman Logistics serves its clients’ diverse cold chain logistical needs on a across India. spanning 20 cities and 45 well-located warehouses with a combined pallet capacity of 1,43,285. Snowman serves a wide range of reputable customers who purchase and use large quantities of temperature-sensitive goods. Snowman offers a wide range of services, including dairy products like butter and cheese, canned goods, meat and poultry, fish, pharmaceuticals, and healthcare supplies.