Ritco Logistics Reports 29% Revenue Growth in Q2 FY2026

2 min read     Updated on 12 Nov 2025, 08:37 PM
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Overview

Ritco Logistics Limited announced its Q2 FY2026 results, showing a 29% increase in revenue to ₹36,038.46 lakhs. However, net profit slightly decreased to ₹932.57 lakhs from ₹1,033.19 lakhs in the previous year. The half-year consolidated revenue rose to ₹71,471.38 lakhs. The results include figures from subsidiaries Logro Sourcing Private Limited and Trucksup Solutions Private Limited.

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*this image is generated using AI for illustrative purposes only.

Ritco Logistics Limited, a key player in the Indian logistics sector, has reported a significant increase in revenue for the second quarter of fiscal year 2026, accompanied by a slight decrease in net profit.

Q2 FY2026 Financial Highlights

Ritco Logistics announced its consolidated financial results for the quarter ended September 30, 2025:

  • Revenue from operations reached ₹36,038.46 lakhs, a 29% increase from ₹27,909.15 lakhs in the same quarter last year.
  • Net profit stood at ₹932.57 lakhs, compared to ₹1,033.19 lakhs in the previous year, representing a slight decline.
  • For the half year, consolidated revenue rose to ₹71,471.38 lakhs, up from ₹53,131.90 lakhs in the previous year.

On a standalone basis, the company achieved revenue of ₹36,017.11 lakhs for the quarter, compared to ₹27,909.15 lakhs in the same period last year.

Additional Information

  • The Board of Directors approved these unaudited financial results in a meeting held on November 12, 2025.
  • The statutory auditors have issued an unmodified opinion on the financial statements.
  • The results include consolidated figures from subsidiaries Logro Sourcing Private Limited and Trucksup Solutions Private Limited.

Analysis

Ritco Logistics has demonstrated strong top-line growth, with a 29% year-over-year increase in revenue. This substantial rise reflects the company's expanding market presence and successful business strategies. However, the slight decrease in net profit suggests that the company may be facing some challenges in maintaining profitability margins amid growth.

The inclusion of consolidated figures from its subsidiaries indicates that Ritco Logistics is leveraging its group companies to enhance its overall performance and market position.

As Ritco Logistics continues to expand its operations and navigate the competitive logistics sector, investors and industry observers will be keen to see how the company balances its growth trajectory with profitability in the coming quarters.

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Ritco Logistics Secures ₹130 Crore in New Contracts, Expands Fleet and Tech Platform

1 min read     Updated on 12 Nov 2025, 04:24 PM
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Reviewed by
Riya DScanX News Team
Overview

Ritco Logistics has won multiple contracts worth ₹130 crore from various sectors including petrochemicals, FMCG, and energy. The company is expanding its fleet with 50 custom-built vehicles for infrastructure clients, featuring enhanced safety and efficiency. Their tech platform, TrucksUp, has made significant advancements including key appointments, new features like 'URGENT LOAD' and 'My Truck is Here', partnerships with Oil Marketing Companies, and security enhancements such as tamper-proof audit trails and continuous session validation.

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*this image is generated using AI for illustrative purposes only.

Ritco Logistics Limited , an integrated logistics and multimodal transport player, has announced a series of significant developments, including new contracts, fleet expansion, and enhancements to its tech platform TrucksUp.

Major Contract Wins

Ritco Logistics has secured multiple high-value transportation and supply chain contracts totaling ₹130 crore. Here's a breakdown of the major contracts:

Client Contract Value Duration Scope
Petrochemical Company ₹60.00 crore 1 year Pan-India transportation from Haldia
Nestlé India ₹35.00 crore 1 year Nationwide logistics
Nayara Energy Not specified 2 years Pan-India movements from Gujarat
Tata Metaliks ₹12.00 crore 2 years Pan-India transportation from Kharagpur
MRPL ₹4.89 crore 1 year Transportation from Mangalore to Gujarat
CCI-NTPC ₹1.19 crore 1 year Ramagundam to Tandur transportation

These contracts span various sectors including petrochemicals, FMCG, energy, steel, and cement, showcasing Ritco's versatility in handling diverse logistics needs.

Fleet Expansion

Ritco Logistics is set to enhance its fleet with 50 custom-built vehicles specifically designed for infrastructure-based clients. These new vehicles feature:

  • Enhanced driver comfort
  • Improved utilization
  • Latest technology for reduced transit and idle times
  • Robust journey risk management protocols

The company aims to significantly reduce the risk of accidents while cutting costs for its customers.

TrucksUp Platform Developments

Ritco's tech platform, TrucksUp, has made several advancements:

Key Appointments

  • Abhijay Ratan joined as Chief Marketing Officer (CMO)
  • Md. Khalid appointed as Tech Head
  • Sandeep Pahuja hired as Head of Human Resources

New Features

  • Launched 'URGENT LOAD' for business partners
  • Introduced 'My Truck is Here' (MTH) for truck owners

Partnerships and Milestones

  • Collaborated with leading Oil Marketing Companies (OMCs)
  • FASTag transactions surpassed the multimillion mark

Security Enhancements

TrucksUp has implemented several security measures:

  • Tamper-proof audit trails for all transactions and system changes
  • Continuous validation of active user sessions
  • Code obfuscation to protect assets and users

These developments demonstrate Ritco Logistics' commitment to growth, technological advancement, and operational excellence in the logistics sector.

Historical Stock Returns for Ritco Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
+2.24%+5.62%+12.42%+1.68%-27.57%+139.71%
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