Snowman Logistics, the cold chain and temperature-controlled logistics service provider, has chalked out a sturdy turnaround plan for itself. “You will see us in profits this year in FY19,” says Sunil Nair, chief executive officer of the company.
Having made losses for two consecutive years, the Bengaluru-based company aims to up its revenue stream by 15 per cent in the current financial year amid cost controls efforts that would lead to better-operating margins and profiting bottom line.
“We have changed our business model slightly and are now offering transportation and warehousing services as an integrated solution to the customer from