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Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Snowman Logistics announced its financial results for Q2 FY27 and appointed a new independent director while another completed his term.
🤖 AI Summary
Snowman Logistics reported unaudited standalone net profit of INR lakhs 95.76 for the quarter ended September 30, 2026.
Revenue from operations stood at INR lakhs 16,355.50 for the quarter ended September 30, 2026.
Mr. Arun Goyal (DIN: 00044830) was appointed as Non-Executive Independent Director for a 5-year term from October 28, 2026, subject to shareholder approval.
Mr. Anil Aggarwal (DIN: 01385684) ceased to be a Non-Executive Independent Director effective October 28, 2026, after completing his second term.
A Postal Ballot will be conducted to seek shareholder approval for the appointment of Mr. Arun Goyal.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Net Profit (Quarter ended September 30, 2026)
INR lakhs 95.76
Not comparable — limited prior period data.
Revenue from operations (Quarter ended September 30, 2026)
INR lakhs 16,355.50
5.08%
Net Profit (Half year ended September 30, 2026)
INR lakhs 550.39
Not comparable — limited prior period data.
Revenue from operations (Half year ended September 30, 2026)
INR lakhs 34,123.64
7.19%
🏢 How This Affects the Company
💰
Financial Impact
Net profit for Q2 FY27 was INR lakhs 95.76, a decrease compared to INR lakhs 454.63 in Q1 FY27.
⚙️
Operational Impact
The appointment and cessation of independent directors modify the board's composition and oversight structure.
👥 What This Means For Shareholders
✅
Action Required
Shareholders will be required to vote via Postal Ballot on the appointment of Mr. Arun Goyal as a Non-Executive Independent Director.
👤
Who Is Affected
All shareholders are affected by the financial results for the quarter and half-year. Shareholders will participate in the approval of the new Independent Director via Postal Ballot.
🔍
Management Signal
Management is maintaining board composition by appointing a new Independent Director following the cessation of another, aligning with Regulation 17 of the Listing Regulations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Postal Ballot results for Mr. Arun Goyal's independent director appointment.
Q3 FY27 financial results — check for revenue and profit trends.
Any further intimations regarding board composition or governance changes.
MEDIUM RISKThe quarter-on-quarter decline in net profit indicates a potential earnings fluctuation, requiring close monitoring.
💡 Investor Takeaway
Snowman Logistics reported Q2 FY27 net profit of INR lakhs 95.76, down from INR lakhs 454.63 in Q1 FY27. Revenue from operations for Q2 FY27 was INR lakhs 16,355.50. The Board approved the appointment of Mr. Arun Goyal as a Non-Executive Independent Director for a 5-year term.
⚖️ Strengths & Concerns
✅ Positives
Revenue from operations for the half year ended September 30, 2026, increased to INR lakhs 34,123.64 from INR lakhs 31,834.50 in the prior comparable half year.
Total comprehensive income for the period ended September 30, 2026, was INR lakhs 127.54, an increase from a loss of INR lakhs 284.74 in the comparable prior quarter.
⚠️ Concerns
Net profit for the quarter ended September 30, 2026, was INR lakhs 95.76, a significant reduction from INR lakhs 454.63 in the previous quarter.
Profit before tax for the quarter ended September 30, 2026, was INR lakhs 150.02, substantially lower than INR lakhs 703.49 in the preceding quarter.
📅 Company Track Record
Snowman Logistics' Q1 FY27 net profit increased 78.79% YoY to INR lakhs 454.63. This follows a FY26 profit decrease of 41.97% YoY to INR lakhs 330.27, showing variability in recent profitability.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Snowman Logistics' net profit for the quarter ended September 30, 2026?
Snowman Logistics reported an unaudited standalone net profit of INR lakhs 95.76 for the quarter ended September 30, 2026.
What was Snowman Logistics' revenue from operations for the quarter ended September 30, 2026?
The revenue from operations for Snowman Logistics for the quarter ended September 30, 2026, was INR lakhs 16,355.50.
Who was appointed as a new Non-Executive Independent Director at Snowman Logistics?
Mr. Arun Goyal (DIN: 00044830) was appointed as an Additional Director designated as a Non-Executive Independent Director for a term of 5 years with effect from October 28, 2026, subject to shareholder approval.
Which Non-Executive Independent Director ceased to hold office at Snowman Logistics?
Mr. Anil Aggarwal (DIN: 01385684) ceased to be a Non-Executive Independent Director of Snowman Logistics upon completion of his second term of 5 consecutive years, effective October 28, 2026.
Questions based on this BSE filing only. For information purposes.
All BSE filings we have analysed for Snowman Logistics Ltd.
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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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