Snowman Logistics Posts Q2 Revenue Growth but Struggles with ₹29.1 Million Loss Amid Margin Pressures

Snowman Logistics Limited, a prominent player in the cold chain logistics sector, released its September quarter financials highlighting continued revenue growth coupled with profitability challenges. The company’s revenue climbed 11.43% year-on-year to ₹1.56 billion, signaling steady demand in its operational segments.

However, the bottom line reflected a net loss of ₹29.1 million compared to a modest profit of ₹6 million in the same quarter last year. EBITDA stood at ₹200 million, down 9.09% from ₹220 million in the prior year quarter. This translated into a contraction of the EBITDA margin by 252 basis points to 12.84%, indicating pressure on operational efficiency and input costs.

The results underline the ongoing cost management hurdles faced by Snowman Logistics amidst a competitive environment within cold chain logistics. Despite revenue gains, these margin pressures contributed to the net loss for the quarter.

Key Highlights

Q2 FY2025-26 revenue from operations: ₹1.56 billion, up 11.43% YoY

Net loss of ₹29.1 million in Q2 compared to ₹6 million profit in previous year

EBITDA declined 9.09% to ₹200 million; margin down to 12.84% from 15.36%

Margin compression signals higher operating costs and cost management challenges

Revenue growth driven by steady demand in cold chain logistics

Sources: BusinessUpturn, BlinkX, MarketScreener, Moneycontrol