During the quarter ended December 31, 2023, Snowman Logistics Ltd recorded revenue of Rs 124.05 crore as against Rs 109.39 crore for the same period in the previous year, registering a growth of 13 per cent EBITDA increased to Rs 27.50 crore as against Rs 25.14 crore for the same period in the previous year, registering a 9 per cent growth and PAT increased to Rs 4.25 crore from Rs 3.74 crore, registering a 14 per cent growth as compared to the corresponding quarter of the previous year.

During the nine months ended December 31, 2023, Snowman Logistics Ltd. recorded revenue of Rs 376.83 crore as against Rs 305.30 crore for the same period in the previous year, registering a growth of 23 per cent. EBITDA increased to Rs 78.46 crore as against Rs 70.51 crore for the same period in the previous year, registering 11 per cent and PAT increased to Rs 10.56 crore as against Rs 8.30 crore for the same period in the previous year, registering a 27 per cent growth.

Sunil Nair, CEO, Snowman Logistics Limited, said, "In Q3, we typically face a carryover of the lean period from Q2, and this year has been no exception. However, we are pleased to have consistently performed better in both revenue and EBITDA, and we look forward to a stronger performance in Q4."

Prem Kishan Dass Gupta, Chairman, Snowman Logistics Limited, said, "We are pleased to announce that our new Guwahati location is now operational, which is under an asset light model. Concurrently, the construction of our new facility in Calcutta is well underway. Our focus on expansion is ongoing as we evaluate new opportunities to increase our capacities, particularly in areas where we are already operating at full capacity and where the market is also experiencing growth, ensuring that we continue to meet the rising demand efficiently."