Snowman Logistics announced Q3FY24 & 9MFY24 results:<br><br>Q3FY24 Financial Performance<br>- Revenue: Rs 124.05 crore, marking a 13% increase from Rs 109.39 crore in Q3FY23.<br>- EBITDA: Rs 27.50 crore, a 9% rise compared to Rs 25.14 crore in Q3FY23.<br>- PAT: Posted a 14% growth with Rs 4.25 crore, up from Rs 3.74 crore YoY.<br><br>9MFY24 Financial Performance<br>- Revenue: Achieved a 23% growth with Rs 376.83 crore versus Rs 305.30 crore for 9MFY23.<br>- EBITDA: Observed an 11% increase, rising to Rs 78.46 crore from Rs 70.51 crore in 9MFY23.<br>- PAT: Elevated by 27%, reaching Rs 10.56 crore compared to Rs 8.30 crore in 9MFY23.<br><br>Speaking about the performance, Sunil Nair, CEO, Snowman Logistics, 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”.<br><br>Prem Kishan Dass Gupta, Chairman, Snowman Logistics, 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."<br><br>Result PDF