| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 131.85 | 8.1% |
| Total Income | 133.91 | 7.3% |
| Expenditure | 48.16 | 2.5% |
| PBT | -0.62 | 173.4% |
| Net Profit | -0.61 | 199.8% |
| OPM | -19.06% | 3.38pp |
| NPM | -0.46% | 0.89pp |
| EPS | 0.05 | 66.7% |
Snowman Logistics registers 6.30% growth in revenue in Q3FY25
03 Feb 2025 · 3 Feb 2025, 07:24 pm
Summary
Snowman Logistics Ltd recorded revenue of INR 131.85 Crores in Q3FY25, a growth of 6.30% compared to INR 124.05 Crores in Q3FY24. EBITDA for the quarter was INR 21.83 Crores, down from INR 27.50 Crores in the same period last year. The company is expanding its capacity in Kolkata and Krishnapatnam, with operations expected to commence in Q4 of the current year and Q1 of the next year respectively.
Key Highlights
- 1
Revenue growth of 6.30% in Q3FY25
- 2
EBITDA of INR 21.83 Crores in Q3FY25
- 3
Discontinuation of warehouses leased for Amazon's cold chain business
- 4
Expansion in Kolkata and Krishnapatnam
- 5
Positive outlook on growth in broader demand
Management Comments
Prem Kishan Dass Gupta
The industry is currently navigating headwinds due to a slowdown in consumption patterns during Q3, especially in the QSR business. In addition, as Amazon no longer requires dedicated fulfilment centres for their cold chain business, we have discontinued the warehouses leased for them. Regarding our ongoing projects, our Kolkata expansion has been delayed from Q3 to Q4, however the project is nearing completion and expected to commence operations during current quarter. In addition, our Krishnapatnam expansion is well underway and expected to commence in Q1 of next year. We remain positive about growth in broader demand and are actively evaluating multiple new locations to expand our capacity in the next financial year through both owned and asset-light models.
Informational and educational content only. Not investment advice.