Snowman Logistics Limited has declared its first interim dividend for the current financial year, marking a positive development for shareholders. The Board of Directors approved the dividend declaration at their meeting held on February 06, 2026.

Dividend Details

The company has announced key parameters for the interim dividend distribution:

Regulatory Compliance

The dividend announcement was formally communicated to stock exchanges as required under Regulation 42. The company notified both the National Stock Exchange of India Limited and BSE Limited about the interim dividend declaration and record date fixation.

Exchange Details:

• NSE Scrip Code: SNOWMAN
• BSE Scrip Code: 538635
• Equity ISIN: INE734N01019

Shareholder Eligibility

Shareholders holding equity shares as of the record date February 12, 2026, will be eligible to receive the interim dividend payment. The record date serves as the cut-off for determining which investors qualify for the dividend distribution.

The announcement was signed by Sohan Singh Dhakad, Company Secretary & Compliance Officer (ACS No. 63562), confirming the official nature of this corporate action. This interim dividend represents the first such distribution for the Financial Year 2025-26.

Snowman Logistics has reported its third-quarter financial results, showing a widened net loss of ₹19M compared to a loss of ₹6M in the same period last year. However, the company demonstrated positive operational performance with revenue growth and improved EBITDA metrics during the quarter.

Q3 Financial Performance

The latest quarterly results present a mixed picture for the cold chain logistics provider. While profitability challenges persisted at the net level, the company showed strong operational improvements with EBITDA growth and margin expansion.

Operational Efficiency Improvements

Despite the increased net loss, Snowman Logistics demonstrated improved operational efficiency with EBITDA rising to ₹228M from ₹198M in the corresponding quarter of the previous year. The EBITDA margin expansion to 15.84% from 14.98% indicates better cost management and operational leverage in the company's cold chain logistics operations.

Board Meeting and Results Declaration

The company had previously announced a comprehensive review of its third-quarter performance through both a board meeting and earnings call scheduled for February 06, 2026. The board meeting addressed critical financial matters including the approval of unaudited financial results and consideration of dividend distribution.

Dividend Considerations

Despite the net loss, the board considered the first interim dividend for financial year 2025-26, with February 12, 2026 set as the record date. The earnings call featured discussions with the senior management team, providing investors and analysts an opportunity to understand the company's quarterly performance and operational improvements in detail.