Snowman Logistics back in the black

Our Bureau Mumbai | Updated on October 30, 2018 Published on October 30, 2018

Snowman Logistics, an associate company of Gateway Distriparks, has posted a net profit of ₹1.20 crore for the second quarter ended September 30, compared with a loss of ₹3.64 crore during the same period a year-ago.

During the quarter, the Bengaluru-based firm posted revenue of ₹57.65 crore, compared with ₹44.82 crore recorded during the same quarter of previous year.

“Our focus to shift to year-around business have insulated us from seasonal fluctuations. We expect numbers to sustain and grow better,” Sunil Nair, CEO at Snowman Logistics said.

Published on October 30, 2018
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