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Snowman Logistics posted a good set of Q3 numbers. In an interview with CNBC-TV18, AM Sundar, CFO of the company spoke about the results and his outlook for the company.
Snowman Logistics is in focus on the back of their Q2 results. The company had an operationally strong quarter. In an interview to CNBC-TV18, AM Sundar, CFO of the company discussed their Q2 performance.
In an interview to CNBC-TV18, AM Sundar, CFO of Snowman Logistics spoke about the results and his outlook for the company.
AM Sundar, CFO, Snowman Logistics in an interview to CNBC-TV18 shared his outlook for the company going forward.
In an interview with CNBC-TV18, AM Sundar, CFO of Snowman Logistics share of revenue from transportation is likely to fall from 50 percent to 30 percent in FY17.
In an interview to CNBC-TV18, AM Sundar of Snowman Logistics spoke about the benefits of goods and services tax (GST) and it should be effective from April 1, 2017.
The cold storage chain recently reduced the fleet size of its trucks. Due to the downsizing, the margins have gone up and are at 26 percent which are sustainable, says AM Sundar, CFO, Snowman Logistics.
Ravi Kannan, CEO of Snowman Logistics says the company has added more than 150 refrigeration trucks and will require two quarters to get the optimum utilisation of over 95 percent.