Ritco Logistics Ltd

Ritco Logistics Limited announced significant business developments in August 2026, including securing new business worth Rs 388 crore, driven by major long-term contracts with HRRL (Rs 334 crore for transportation from Pachpadra to Pan India) and IOCL (one-year contract from Panipat). Additionally, the company's step-down subsidiary, TrucksUp Solutions Private Limited, completed a growth financing round of Rs 78.26 crore, boosting its post-raise valuation to Rs 403.26 crore and enabling expansion of its technology and services. Ritco Logistics also reported strong performance across its transportation verticals, with contract wins in FMCG, steel, automotive, cement, paper & packaging, alongside increased adoption of TrucksUp's FASTag, vehicle financing, smart fuel, GPS, and subscription services.

Ritco Logistics Limited has set a record date of September 23, 2026, to determine member eligibility for voting at its 25th Annual General Meeting, which will be held on September 30, 2026, through video conferencing and other audio-visual means.

Ritco Logistics Limited will hold a board meeting on August 31, 2026, at 4:30 P.M. to approve the draft Director’s Report for the fiscal year 2025-26, the draft Notice of the 25th Annual General Meeting, and to fix the book closure date for the meeting, as well as to appoint an internal auditor for the fiscal year 2026-27 and to take note of a preferential issue in Trucksup Solutions Private Limited, a step-down subsidiary of Ritco Logistics Limited.

Ritco Logistics Ltd. has secured new business contracts totaling approximately Rs 342 Crores across its transportation and warehousing verticals, as announced August 11th, 2026. Key wins include a Rs 334 Crore contract from HPCL Rajasthan Refinery Limited for polymer granule distribution nationwide, a transportation contract from MRPL, and a warehousing contract from OPAL (ONGC Petro additions Limited) in Gujarat. These additions reinforce the company's strategy of expanding long-term customer relationships and strengthening its integrated logistics capabilities, particularly within the energy and petrochemical sectors, while also bolstering its warehousing and technology-driven solutions like the TrucksUp platform, which has seen significant growth in FASTag usage (GMV of approximately Rs 27 Crores), fuel card transactions (GMV of approximately Rs 2.50 Crores), vehicle financing (Rs 4.30 Crores disbursed), and GPS unit installations (revenue of approximately Rs 40 Lacs).

Ritco Logistics Limited will hold a board meeting on Thursday, August 13, 2026, at 4:30 P.M. at its corporate office in Gurgaon to review and consider the unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, together with the limited review report.

Ritco Logistics Limited announced the appointment of Mr. Ranu Jain (DIN: 03374680) as an Additional Director in the capacity of Non-Executive Independent Director, effective August 4th, 2026, for a five-year tenure subject to shareholder approval. Mr. Jain, a member of the Institute of Chartered Accountants since February 1st, 2010, brings 16 years of experience in audit, finance, accounts, and taxation, and currently serves as a partner in M/s SRH & Associates, and as a director in SME Counselling Pvt. Ltd, Zambra Engineering Tradex & Consultancy Pvt. Ltd, Gapeseed Consulting Pvt. Ltd, and Sun2Mars Complete Consulting Service Pvt. Ltd.

Ritco Logistics Limited will hold a board meeting on Tuesday, August 4, 2026, at 4:30 p.m. to consider and approve the appointment of Mr. Ranu Jain as an Additional Director (Non-Executive Cum Independent director) for a term of 5 years, subject to shareholder approval.

Net profit of Ritco Logistics declined 53.22% to Rs 5.60 crore in the quarter ended March 2026 as against Rs 11.97 crore during the previous quarter ended March 2025. Sales rose 13.44% to Rs 391.83 crore in the quarter ended March 2026 as against Rs 345.41 crore during the previous quarter ended March 2025. For the full year,net profit declined 14.76% to Rs 35.98 crore in the year ended March 2026 as against Rs 42.21 crore during the previous year ended March 2025. Sales rose 26.02% to Rs 1499.19 crore in the year ended March 2026 as against Rs 1189.69 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales391.83345.41 13 1499.191189.69 26 OPM %5.077.43 -6.577.55 - PBDT15.0021.38 -30 78.0473.38 6 PBT6.2916.10 -61 47.8856.98 -16 NP5.6011.97 -53 35.9842.21 -15 Powered by Capital Market - Live

Ritco Logistics will hold a meeting of the Board of Directors of the Company on 27 May 2026.

Ritco Logistics will hold a meeting of the Board of Directors of the Company on 26 March 2026.Powered by Capital Market - Live