un-audited standalone financialresults of the Company along with the Limited Review Report on the aforesaid financial results
SNOWMAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Snowman Logistics reported revenue from operations of ₹15,564.86 lakhs for Q2 FY26, a slight decline from ₹1,6,269.64 lakhs in Q1 FY26 but up ~8.5% from ₹14,344.67 lakhs in Q2 FY25. The company slipped into a loss before tax of ₹(422.76) lakhs in Q2 FY26 versus a profit of ₹394.59 lakhs in the previous quarter, with a net loss of ₹(291.10) lakhs after a tax credit. For H1 FY26, total revenue grew ~12.2% YoY to ₹31,834.50 lakhs, but the company posted a marginal loss after tax of ₹(22.76) lakhs against a profit of ₹217.67 lakhs in H1 FY25. The warehousing segment saw weak performance (segment result fell to ₹159.98 lakhs from ₹527.58 lakhs YoY) while trading and distribution improved. The auditor (S.R. Batliboi & Co. LLP) issued an unqualified limited review report.
Negative near-term sentiment as the company returned to a quarterly loss despite revenue growth, primarily due to weaker warehousing margins and higher finance/depreciation costs. Shareholders should note increased contingent GST liabilities (~₹117 lakhs of new demands in H1) and ongoing related-party land transactions with parent Gateway Distriparks.