For the quarter ending September 30, 2024, Snowman Logistics Ltd reported revenues of INR 143.45 crore, a 15.66% increase over the INR 124.02 crore recorded in the same quarter last year. However, EBITDA for the quarter stood at INR 23.10 crore, down from INR 25.54 crore in the previous year’s corresponding quarter.
In the first half of FY 2024-25, Snowman posted revenues of INR 283.67 crore, marking a 12.22% increase from INR 252.79 crore for the same period last year. EBITDA for the half-year was INR 47.31 crore, compared to INR 50.96 crore in the prior year.
Commenting on the results, Chairman Prem Kishan Dass Gupta highlighted, “We saw strong double-digit growth in Q2, driven by our 5PL business momentum. We are excited to announce the opening of our Lucknow warehouse, with further expansions planned to strengthen our regional presence and service capabilities. With strong customer demand and our focus on cost optimization, Snowman is well-positioned to boost profitability across operations.”
Snowman Logistics, a leader in temperature-controlled logistics and distribution, serves diverse cold-chain requirements across India with 45 warehouses offering a combined pallet capacity of 1,43,285 in 20 cities. Snowman’s clients span industries requiring temperature-sensitive logistics, including dairy, canned goods, meat, seafood, healthcare, and pharmaceuticals.
Snowman Logistics Limited is a leading integrated temperature-controlled logistics service provider in India, catering to industries like food and beverages, pharmaceuticals, and other perishable goods. The company specializes in cold storage, warehousing, and transportation, ensuring the seamless handling of temperature-sensitive products across its extensive network of facilities strategically located nationwide.
With state-of-the-art infrastructure and a strong focus on quality and efficiency, Snowman Logistics supports clients in maintaining product integrity and meeting stringent regulatory standards. Its commitment to innovation, sustainability, and customer-centric solutions has positioned it as a trusted partner in India’s fast-growing cold chain logistics sector.
