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Snowman Logistics Q4 net profit jumps 188% to Rs 5.42 cr

The total income for the January-March quarter increased 15 per cent to Rs 59.80 crore as against Rs 51.82 crore for the same period in the previous year.

May 14, 2019 / 10:08 PM IST
 
 
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Snowman Logistics May 14 reported nearly three-fold increase in net profit for the quarter ended March 31 at Rs 5.42 crore from Rs 1.88 crore in the corresponding quarter of the previous year.

Its total income for the January-March quarter increased 15 per cent to Rs 59.80 crore as against Rs 51.82 crore for the same period in the previous year.

"We have focused on improving efficiencies to increase customer satisfaction as well as drive profitability, as is evident in the financial results. We are confident that this performance is sustainable and scalable," company's chairman Prem Kishan Gupta said.

 
PTI
first published: May 14, 2019 10:06 pm

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