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Snowman Logistics shares surged more than 5% in intraday trade on August 5 after the cold chain logistics company reported a strong set of Q1 FY27 earnings. The company posted robust growth in profitability, supported by higher revenue, improved operating performance, and better margins.
As of 1:56 PM, Snowman Logistics shares were trading near the day's high after touching an intraday high of ₹43.40, compared to the previous close of ₹39.43. The stock opened at ₹40.70, hit a low of ₹38.88, and witnessed strong investor interest with a trading volume of 25.60 lakh shares.
For the quarter, net profit jumped 79% year-on-year to ₹4.55 crore, compared with ₹2.54 crore in the corresponding quarter last year.
The company's revenue from operations increased 9% YoY to ₹177.68 crore, up from ₹162.70 crore in the year-ago period, reflecting steady demand across its cold chain logistics business.
Operating performance also remained healthy. EBITDA rose 18% YoY to ₹28.61 crore from ₹24.34 crore a year earlier. The company's EBITDA margin improved to 16.1%, compared with 15.0% in the same quarter last year, indicating better operational efficiency.
Despite today's sharp rally, the stock remains below its 52-week high of ₹59.80, while comfortably above its 52-week low of ₹30.50.
The strong improvement in earnings, particularly the sharp rise in profit and expansion in operating margins, lifted investor sentiment, driving the stock higher during the trading session. Market participants will continue to monitor the company's ability to sustain revenue growth and margin expansion in the coming quarters amid evolving demand in the cold chain logistics sector.
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