{"id":2283,"date":"2023-11-08T08:53:13","date_gmt":"2023-11-08T08:53:13","guid":{"rendered":"https:\/\/develop.lotka.com\/?p=2283"},"modified":"2023-11-08T08:53:14","modified_gmt":"2023-11-08T08:53:14","slug":"fy23-24-q2-results-snowman-logistics-registers-14-growth-in-revenue","status":"publish","type":"post","link":"https:\/\/develop.lotka.com\/?p=2283","title":{"rendered":"FY23-24 Q2 Results: Snowman Logistics Registers 14% Growth In Revenue"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"536\" src=\"https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results-1024x536.jpg\" alt=\"\" class=\"wp-image-2284\" srcset=\"https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results-1024x536.jpg 1024w, https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results-300x157.jpg 300w, https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results-768x402.jpg 768w, https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center has-vivid-cyan-blue-color has-text-color has-small-font-size\">During the H1 that ended September 30, 2023, the company records growth of 29% in revenue and an EBITDA of 12%<\/p>\n\n\n\n<p>During the quarter ended September 30, 2023, Snowman Logistics Ltd recorded revenue of INR. 124.02 Crores as against INR 108.62 Crores for the same period in the previous year, registering a growth of 14%. EBITDA increased to INR 25.54 Crores from INR 24.11 Crores, registering a 6% growth for the same period in the previous year and PAT increased to INR 2.93 Crores from INR 2.67 Crore in the corresponding quarter of the previous year.<\/p>\n\n\n\n<p>During the half year ended September 30, 2023, Snowman Logistics Ltd recorded revenue of INR. 252.79 Crores as against INR 195.91 Crores for the same period in the previous year, registering a growth of 29%. EBITDA increased to INR 50.96 Crores from INR 45.37 Crores, registering a 12% growth for the same period in the previous year and PAT increased to INR 6.31 Crores from INR 4.56 Crore in the corresponding half year of the previous year.<\/p>\n\n\n\n<p>\u201cSpeaking about the performance, Mr. Sunil Nair, CEO, Snowman Logistics Limited said,\u201cQ2 traditionally represents a lean season for our company. Despite this, our strategic initiatives have the potential to make it a successful quarter. Looking ahead, we have received strong commitments for volume from the Ice Cream, QSR (Quick Service Restaurants), and Seafood industries for the upcoming quarters.&nbsp; We are actively preparing to meet the growing demands of our existing customers, focusing on organic growth and sustaining our positive trajectory\u201d.<\/p>\n\n\n\n<p>\u201cMr. Prem Kishan Dass Gupta, Chairman, Snowman Logistics Limited, said, \u201cThe Company continues to perform well, and we have a strong pipeline in the current quarter due to the festive season which leads to increased consumption during this period and a surge in demand. To cater to this surge, we have adequate capacities available in major metro cities as well as Tier-2 and Tier-3 citities, augmented by robust systems and processes to provide our customers with a strong backbone for managing their supply chain.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During the H1 that ended September 30, 2023, the company records growth of 29% in revenue and an EBITDA of 12% During the quarter ended September 30, 2023, Snowman Logistics&hellip; <\/p>\n","protected":false},"author":1,"featured_media":2284,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[32],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FY23-24 Q2 Results: Snowman Logistics Registers 14% Growth In Revenue -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/develop.lotka.com\/?p=2283\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FY23-24 Q2 Results: Snowman Logistics Registers 14% Growth In Revenue -\" \/>\n<meta property=\"og:description\" content=\"During the H1 that ended September 30, 2023, the company records growth of 29% in revenue and an EBITDA of 12% During the quarter ended September 30, 2023, Snowman Logistics&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/develop.lotka.com\/?p=2283\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-08T08:53:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-08T08:53:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lotka Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lotka Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/develop.lotka.com\/?p=2283\",\"url\":\"https:\/\/develop.lotka.com\/?p=2283\",\"name\":\"FY23-24 Q2 Results: Snowman Logistics Registers 14% Growth In Revenue -\",\"isPartOf\":{\"@id\":\"https:\/\/develop.lotka.com\/#website\"},\"datePublished\":\"2023-11-08T08:53:13+00:00\",\"dateModified\":\"2023-11-08T08:53:14+00:00\",\"author\":{\"@id\":\"https:\/\/develop.lotka.com\/#\/schema\/person\/1e1327e272df857c7373aafe02cc4272\"},\"breadcrumb\":{\"@id\":\"https:\/\/develop.lotka.com\/?p=2283#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/develop.lotka.com\/?p=2283\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/develop.lotka.com\/?p=2283#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/develop.lotka.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FY23-24 Q2 Results: Snowman Logistics Registers 14% Growth In Revenue\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/develop.lotka.com\/#website\",\"url\":\"https:\/\/develop.lotka.com\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/develop.lotka.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/develop.lotka.com\/#\/schema\/person\/1e1327e272df857c7373aafe02cc4272\",\"name\":\"Lotka Group\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/develop.lotka.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c587762233fbe09fce7a7ffa827ca4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c587762233fbe09fce7a7ffa827ca4?s=96&d=mm&r=g\",\"caption\":\"Lotka Group\"},\"sameAs\":[\"https:\/\/develop.lotka.com\"],\"url\":\"https:\/\/develop.lotka.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FY23-24 Q2 Results: Snowman Logistics Registers 14% Growth In Revenue -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/develop.lotka.com\/?p=2283","og_locale":"en_US","og_type":"article","og_title":"FY23-24 Q2 Results: Snowman Logistics Registers 14% Growth In Revenue -","og_description":"During the H1 that ended September 30, 2023, the company records growth of 29% in revenue and an EBITDA of 12% During the quarter ended September 30, 2023, Snowman Logistics&hellip;","og_url":"https:\/\/develop.lotka.com\/?p=2283","article_published_time":"2023-11-08T08:53:13+00:00","article_modified_time":"2023-11-08T08:53:14+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results.jpg","type":"image\/jpeg"}],"author":"Lotka Group","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Lotka Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/develop.lotka.com\/?p=2283","url":"https:\/\/develop.lotka.com\/?p=2283","name":"FY23-24 Q2 Results: Snowman Logistics Registers 14% Growth In Revenue -","isPartOf":{"@id":"https:\/\/develop.lotka.com\/#website"},"datePublished":"2023-11-08T08:53:13+00:00","dateModified":"2023-11-08T08:53:14+00:00","author":{"@id":"https:\/\/develop.lotka.com\/#\/schema\/person\/1e1327e272df857c7373aafe02cc4272"},"breadcrumb":{"@id":"https:\/\/develop.lotka.com\/?p=2283#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/develop.lotka.com\/?p=2283"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/develop.lotka.com\/?p=2283#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/develop.lotka.com\/"},{"@type":"ListItem","position":2,"name":"FY23-24 Q2 Results: Snowman Logistics Registers 14% Growth In Revenue"}]},{"@type":"WebSite","@id":"https:\/\/develop.lotka.com\/#website","url":"https:\/\/develop.lotka.com\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/develop.lotka.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/develop.lotka.com\/#\/schema\/person\/1e1327e272df857c7373aafe02cc4272","name":"Lotka Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/develop.lotka.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c587762233fbe09fce7a7ffa827ca4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c587762233fbe09fce7a7ffa827ca4?s=96&d=mm&r=g","caption":"Lotka Group"},"sameAs":["https:\/\/develop.lotka.com"],"url":"https:\/\/develop.lotka.com\/?author=1"}]}},"uagb_featured_image_src":{"full":["https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results.jpg",1200,628,false],"thumbnail":["https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results-150x150.jpg",150,150,true],"medium":["https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results-300x157.jpg",300,157,true],"medium_large":["https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results-768x402.jpg",768,402,true],"large":["https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results-1024x536.jpg",1024,536,true],"1536x1536":["https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results.jpg",1200,628,false],"2048x2048":["https:\/\/develop.lotka.com\/wp-content\/uploads\/2023\/11\/Snowman-Logistics-Q2-Results.jpg",1200,628,false]},"uagb_author_info":{"display_name":"Lotka Group","author_link":"https:\/\/develop.lotka.com\/?author=1"},"uagb_comment_info":0,"uagb_excerpt":"During the H1 that ended September 30, 2023, the company records growth of 29% in revenue and an EBITDA of 12% During the quarter ended September 30, 2023, Snowman Logistics&hellip;","_links":{"self":[{"href":"https:\/\/develop.lotka.com\/index.php?rest_route=\/wp\/v2\/posts\/2283"}],"collection":[{"href":"https:\/\/develop.lotka.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/develop.lotka.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/develop.lotka.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/develop.lotka.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2283"}],"version-history":[{"count":1,"href":"https:\/\/develop.lotka.com\/index.php?rest_route=\/wp\/v2\/posts\/2283\/revisions"}],"predecessor-version":[{"id":2285,"href":"https:\/\/develop.lotka.com\/index.php?rest_route=\/wp\/v2\/posts\/2283\/revisions\/2285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/develop.lotka.com\/index.php?rest_route=\/wp\/v2\/media\/2284"}],"wp:attachment":[{"href":"https:\/\/develop.lotka.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/develop.lotka.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/develop.lotka.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}