Snowman registers 15% revenue growth in Q2 FY25
EBITDA recorded at Rs 23 crore as against Rs 25 crore, in the corresponding quarter of the previous year.
During the quarter ended September 30, 2024, Snowman Logistics recorded revenue of Rs 143 crore as against Rs 124 crore for the same period in the previous year, registering a growth of 15 percent.
EBITDA recorded at Rs 23 crore as against Rs 25 crore, in the corresponding quarter of the previous year.
During the half year ended September 30, 2024, Snowman Logistics recorded revenue of Rs 283 crore as against Rs 252 crore for the same period in the previous year, registering a growth of 12 percent. EBITDA was recorded at Rs 47 crore against Rs 51 crore for the same period in the previous year.
Prem Kishan Dass Gupta, Chairman, Snowman Logistics Limited said, “We had a robust Q2 quarter, with double-digit revenue growth fueled by strong momentum in our 5PL business. We are pleased to announce the inauguration of our Lucknow warehouse, and our expansion plans continue with more facilities in the pipeline to expand our regional footprint and service capabilities. We have a strong customer demand forecast, and with the ongoing focus on cost optimization, Snowman is set to enhance profitability across our operations.”