During the quarter ended December 31, 2019, Snowman Logistics Ltd recorded a revenue of INR. 58.76 Crores as against INR. 59.34 Crores for the same period in the previous year. EBITDA decreased to INR. 13.45 Crores from INR. 14.40 Crores for the same period in the previous year. PAT decreased to INR (3.45) Crores from Profit of INR 2.36 Crores in the corresponding quarter of the previous year.
Speaking about the quarter performance, Mr. Sunil Nair, CEO, Snowman Logistics Limited said, the seafood production has been low this quarter as well. We see some improvement in coming quarters. The seafood crises is a rare phenomenon. We last faced similar situation in 2012. We are happy that we could partner with Amazon to manage back end (end to end) operations for their Fruits, Vegetables and perishables' supplies in Mumbai. Similarly, we partnered with Swiggy in managing full range of supplies to their kitchen in Bangalore and Delhi NCR. We see a huge opportunity in these partnerships to scale it to national level."
Shares of Snowman Logistics Ltd was last trading in BSE at Rs.42.6 as compared to the previous close of Rs. 42.55. The total number of shares traded during the day was 7943 in over 45 trades.
The stock hit an intraday high of Rs. 42.85 and intraday low of 42.55. The net turnover during the day was Rs. 338362.