Snowman Logistics aims to be back in black

By Anirban Chowdhury

Snowman Logistics aims to swing to a net profit this fiscal year, after two straights years of losses, as the cold chain logistics players bets on changes in product mix, a reorganisation of its business and overall changes in the macro-economic environment to turn it around.

The company reported a net loss of Rs 3.56 crore in FY 18 and Rs 4.93 crore in the year prior. But this year is showing better signs, said CEO Sunil Nair.