Snowman Revenue Rises 9.8 per cent, PAT Falls to Rs 56.9 Million

27 May 2025 CW Team

Snowman Logistics Limited has reported its financial results for the quarter and full year ending 31st March 2025. Despite market headwinds and operational shifts, the company delivered notable revenue growth, supported by its evolving distribution and 5PL strategy.

Q4 FY25 Performance (vs Q4 FY24):

1. Revenue: Rs 1.37 billion (up from Rs 1.27 billion), an 8 per cent increase

2. EBITDA: Rs 243.8 million (down from Rs 298.6 million)

3. Profit After Tax (PAT): Rs 39 million (up from Rs 21.5 million)

Full-Year FY25 Performance (vs FY24):

1. Revenue: Rs 5.53 billion (up from Rs 5.03 billion), a 9.8 per cent rise

2. EBITDA: Rs 935.3 million (down from Rs 1.08 billion)

3. PAT: Rs 56.9 million (down from Rs 127.1 million)

Chairman Mr Prem Kishan Dass Gupta stated: “While FY25 was marked by muted consumption trends nationwide, our consistent growth in distribution and shift towards a 5PL model supported revenue expansion. However, our earnings were impacted by Amazon's exit from its fulfilment centre operations in India, leading to a discontinuation of dedicated warehousing services we offered them.”

He added that project execution faced delays at the new Kolkata and Krishnapatnam sites. The Kolkata facility is expected to become operational imminently, with Krishnapatnam following in Q2 FY26. Snowman is also finalising additional cold storage sites to meet growing client demand, with construction on new projects expected to begin in the second half of FY26.

With a focus on expanding its network and services, Snowman Logistics remains committed to maintaining its leadership in India's cold chain logistics sector while adapting to shifting market dynamics.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..