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Snowman Logistics hits 52-week high on strong sales, profit growth

Snowman Logistics has allocated around Rs 200 crore of capital expenditure to be invested in the next 24 months through a combination of internal accruals and debt.

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Gateway Distriparks upgrades capacity at its ICD in Gurgaon

Gateway Distriparks Ltd announces the completion of upgradation work of rail-side capacity at its flagship Inland Container Depot located at the Garhi-Harsaru railway station in Gurgaon.

Gurgaon , Haryana , India , Mundra , Madhya-pradesh , Nhava-sheva , Prem-kishan-dass-gupta , Gateway-distriparks , Distriparks-limited , Inland-container-depot , Western-dedicated-freight-corridor , Kishan-dass-gupta

Gateway Distriparks to buy Kashipur Infrastructure and Freight Terminal - Jammu Kashmir Latest News | Tourism

Gateway Distriparks to buy Kashipur Infrastructure and Freight Terminal - Jammu Kashmir Latest News | Tourism
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Snowman Logistics makes Siliguri warehouse operational

Snowman Logistics makes Siliguri warehouse operational
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

Mumbai , Maharashtra , India , Pune , Siliguri , West-bengal , Kolkata , Krishnapatnam , Andhra-pradesh , Palwal , Haryana , Bengaluru

Snowman Logistics records loss of Rs 0.42 cr in Q4

Snowman Logistics reported a net loss of Rs 0.42 crore in Q4 FY21 compared with net loss of Rs 1.17 crore in Q4 FY20.
Net sales during the quarter increased 5.1% year-on-year (YoY) to Rs 64.11 crore. The company reported a pre-tax profit of Rs 1.50 crore in Q4 March 2020 as against a pre-tax loss of Rs 1.34 crore in Q4 March 2020.
Snowman Logistics recorded a net profit of Rs 0.06 crore in the year ended 31 March 2021 as against net loss of Rs 15.01 crore in the year ended 31 March 2020.
Net sales declined 1.3% to Rs 237.10 crore in FY21 over FY20. The revenue drop was mainly in the transport vertical due to vehicle movement restrictions during the initial lockdown period.

Kundli , Gujarat , India , Delhi , Mumbai , Maharashtra , Pune , Siliguri , West-bengal , Sunil-nair , Prem-kishan-dass-gupta ,

Union Budget 2021: Digitisation key to solving stumbling blocks in logistics sector

Union Budget 2021: Digitisation key to solving stumbling blocks in logistics sector
There is a pressing need for a complete digital transformation of the industry to handle international shipments efficiently
FP Staff
January 30, 2021 06:38:42 IST
Funds for digitisation of shipping, logistics sector needed. Image courtesy NOAA's National Ocean Service/Wikimedia Commons
When the pandemic struck in 2020, one of the few industrial sectors that were able to help the ecosystem was logistics. However, it faced stumbling blocks faced as the sector is not fully digitised. There is a pressing need for a complete digital transformation of the industry to handle international shipments efficiently. Logistics firms shared their concerns and wish list from Budget 2021 with

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Gateway Distriparks Q3 sees 99% jump in consolidated profit at Rs 37 cr

Integrated logistics services provider Gateway Distriparks on Tuesday reported a 99.02 per cent jump in its consolidated profit at Rs 36.62 crore in the quarter ended December.
The company had posted a profit of Rs 16.39 crore in the third quarter of financial year 2020-21.
Total sales grew 3.88 per cent to Rs 316.29 crore during the quarter under review as against Rs 304.48 crore in the third quarter of the previous financial year, the company said in a release.
Rail container volumes were up 8.8 per cent to 67, 042 TEUs (twenty-foot equivalent unit) as against 61,634 TEUs in the third quarter of financial year 2020-21, while the CFS business declined 11 per cent to 84060 TEUs, which was 94,337 TEUs in December quarter of the financial year 2020-21.

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