Snowman Logistics, a prominent player in the logistics industry, has disclosed robust financial results for the nine months ending December 31, 2023. The company experienced a significant surge, with a 23 percent increase in revenue and a remarkable 27 percent growth in Profit After Tax (PAT).
In the quarter concluding on December 31, 2023, Snowman Logistics achieved a revenue of INR 124.05 Crores, marking a 13 percent growth from INR 109.39 Crores in the same period the previous year.
The company also witnessed a 9 percent growth in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), reaching INR 27.50 Crores, compared to INR 25.14 Crores in the corresponding quarter of the preceding year. Additionally, the PAT saw a commendable 14 percent growth, reaching INR 4.25 Crores.
For the nine months ending December 31, 2023, Snowman Logistics reported a robust performance, with revenue reaching INR 376.83 Crores, exhibiting a substantial 23 percent growth from INR 305.30 Crores during the same period in the previous year. EBITDA increased to INR 78.46 Crores, showcasing an 11 percent growth, and PAT experienced an impressive 27 percent surge, reaching INR 10.56 Crores.
