Ritco Logistics has announced securing approximately ₹230.00 crore in new contracts for November 2025, marking a significant business development for the logistics company. The announcement also highlights strategic developments at its subsidiary TruckSup, which is advancing multiple growth initiatives.

Contract Portfolio

The company has successfully secured substantial new business worth around ₹230.00 crore, with contract execution scheduled for November 2025. The following table summarizes the key contract details:

TruckSup Strategic Initiatives

The company's subsidiary TruckSup is implementing comprehensive strategic developments across multiple areas. The subsidiary is focusing on leadership enhancement programs designed to strengthen its management capabilities and operational efficiency.

Growth and Recognition

TruckSup has achieved notable industry recognition through various awards, reflecting its market position and service quality. The subsidiary is simultaneously advancing multiple growth plans aimed at expanding its market presence and enhancing its competitive positioning in the logistics sector.

Business Outlook

The combination of substantial new contracts for Ritco Logistics and the strategic initiatives at TruckSup positions the company for enhanced business performance. The November 2025 contract execution timeline provides clear revenue visibility for the company's upcoming operations.

Ritco Logistics Limited reported securing new transportation and supply chain contracts worth approximately ₹230.00 crores in November, marking another month of business growth for the integrated logistics and multimodal transport solutions provider.

Major Transportation Contracts

The company secured several significant contracts across different sectors during November:

Flyash Transportation Expansion

Ritco Logistics made inroads into flyash transportation with the award of a major contract from a leading infrastructure company, along with operations across multiple NTPC locations. The company mobilized dedicated fleets and streamlined execution processes for the movement of flyash.

Multi-Sector Partnership Growth

The company expanded its partnerships across various industry sectors:

FMCG and Consumer Goods:

• Havells: Year-long logistics partnership covering multiple destinations across India
• Tata Consumer: One-year nationwide contract covering diverse routes
• Mother Dairy: Six-month contract covering routes from Tirupati, Morena, Dadri, and Mandoli

TrucksUp Business Updates

Leadership Appointments

TrucksUp strengthened its leadership team with two senior industry appointments:

Industry Recognition

TrucksUp received multiple industry awards:

• Emerging Supply Chain Tech Company of the Year at the 11th Future of Supply Chain, Logistics Summit
• Best Digital Transformation in Logistics for advancing smart, technology-enabled trucking solutions

November Performance Metrics

TrucksUp recorded performance across its service offerings during November:

Strategic Growth Initiatives

TrucksUp initiated a fundraising round targeting ₹350.00 crores to accelerate nationwide expansion and enhance technological capabilities. The company has received ₹20.00 crores from its promoters. This investment aims to strengthen organizational capabilities, drive technological advancements, and scale operations across India's key logistics corridors.

Business Outlook

With over ₹230.00 crores in new business acquisitions during November, Ritco Logistics continues building momentum following performance in previous months. The company remains focused on leveraging technology, operational integration, and multimodal capabilities to deliver logistics solutions while strengthening client partnerships and expanding nationwide reach.