Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

SNOWMAN LOGISTICS LIMITED Earnings Release 2025

Aug 8, 2024

62108_rns_2024-08-08_516ea492-3ff4-4e24-baa2-48e37866613c.pdf

Earnings Release

Open in viewer

Opens in your device viewer

==> picture [121 x 72] intentionally omitted <==

August 08, 2024

The General Manager, The Manager, Department of Corporate Services Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza Floor 25, PhirozeJeejeebhoy Towers, Dalal Plot No. C/1, G Block, Bandra Kurla Complex, Street, Mumbai Bandra, Mumbai – 400 051 Mumbai – 400 001 Scrip Code: [SNOWMAN] Scrip Code: 538635 Equity ISIN: INE734N01019

Sub: Press Release on Un-audited Financial Results for the quarter ended June 30, 2024

Dear Sir/Madam,

In pursuant to applicable provision of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find enclosed the copy of press release on the Un-audited Financial Results of the Company for the quarter ended June 30, 2024.

The same is also available on the website of the Company i.e. https://snowman.in/

You are requested to take note of the same.

Thanking You, Yours Faithfully,

For Snowman Logistics Limited

Digitally signed by Sohan Singh Sohan Singh Dhakad Dhakad Date: 2024.08.08 13:32:22 +05'30' Sohan Singh Dhakad Company Secretary & Compliance Officer ACS No. 63562

Snowman Logistics Ltd.

Corporate office : Wing B of the 4[th] Floor, Prius Platinum, Saket District Centre, New Delhi-110017 CIN: L15122MH1993PLC285633 T (011) 40554500

R Regd. Office: Plot No. M-8, Taloja Industrial Area, MIDC, Raigad, Navi Mumbai, Maharashtra -410206 CIN: L15122MH1993PLC285633 T +91 22 39272004 E [email protected] W www.snowman.in

Snowman Logistics registers 9% growth in revenue in the first quarter of FY 2024-25

Mumbai, 8th August 2024 : During the quarter ended June 30, 2024, the recorded during the quarter ended June 30, 2024, Snowman Logistics Ltd recorded revenue of INR 140.23 Crores as against INR 128.77 Crores for the same period in the previous year, registering a growth of 9%. EBITDA recorded at INR 24.21 Crores as against INR 25.42 Crores, in the corresponding quarter of the previous year and PAT recorded at INR 1.79 Crores as against INR 3.38 Crore in the corresponding quarter of the previous year.

Pursuant to the approval by the Board of Directors in their meeting held on 8[th] August 2024, the Company has declared first interim dividend of Rs.1 per equity share for the FY 202425.

Speaking about the performance, Mr. Sunil Nair, CEO & Whole Time Director, Snowman Logistics Limited said, “I am happy that we had consistent performance in generating revenue, and as per expectations. Our projects at Lucknow and Kolkata are almost at finishing stage and should be functional in Q2 and Q3 respectively. At the same time we will be making 35 new trucks operational in Q3.”

Mr. Prem Kishan Dass Gupta, Chairman, Snowman Logistics Limited commented, “The cold chain industry is gaining a lot of traction as customers are looking for organised players with high quality infrastructure, and we are well positioned to capture this growth as is evidenced by the performance of the company. We are in an expansion phase and will continue growing our network of warehouses.”

About Snowman Logistics Limited

Snowman Logistics is the market leader in integrated temperature-controlled logistics services, catering to the varied cold chain logistical requirements of its clients, on a panIndia basis. With 45 strategically located warehouses, having a total pallet capacity of 1,41,405 across 20 cities including the key markets of Mumbai, Chennai, Bengaluru & Kolkata etc. 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.

For further information, please contact:

Priyanka I 9819570113 I [email protected]