Snowman Logistics Q1 Profit Surges 57%

  Published 10 months ago

Snowman Logistics posted a 56.97% YoY rise in PBT, driven by strong warehousing and trading growth despite rising costs.

  • Warehousing revenue rose 6.15% YoY; trading and distribution surged 46.20%, offsetting the decline in the transportation segment.
  • Total expenses climbed 15.18%, led by a 44.04% spike in traded goods purchases and steady employee costs.
  • The chairman highlighted strong demand, 5PL growth, and network expansion with new facilities in Kolkata, Krishnapatnam, and Kundli.

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