Ritco Logistics Secures ₹104.18 Crore in New Contracts During February 2026

2 min read     Updated on 09 Mar 2026, 12:51 PM
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Reviewed by
Riya DScanX News Team
Overview

Ritco Logistics Limited secured new transportation contracts worth ₹104.18 crore in February 2026, led by a significant 3-year ₹84 crore deal with Jindal Stainless Limited. The company demonstrated strong performance across steel, metals, FMCG, and industrial sectors while its TrucksUp platform recorded 52% month-on-month growth in FASTag transactions with GMV exceeding ₹15 crore. The diversified contract portfolio and digital platform growth reflect the company's strengthened market position and operational capabilities.

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Ritco Logistics Limited announced securing new transportation contracts worth approximately ₹104.18 crore in February 2026, marking a strong continuation of the company's growth momentum across multiple industrial sectors. The contract wins demonstrate the company's diversified sectoral presence and execution capabilities across steel, metals, FMCG, chemicals, building materials, and industrial goods segments.

Steel and Metals Sector Dominance

The steel and metals vertical contributed the largest share of new business with contracts worth over ₹97 crore. The highlight was a major 3-year contract worth ₹84 crore from Jindal Stainless Limited for multi-location movements, reinforcing Ritco's leadership in long-haul, high-volume industrial transportation.

Client Contract Duration Value Scope
Jindal Stainless Limited 3 years ₹84 crore Multi-location movements
Aarti Steels Limited 1 year ₹13 crore North and South India movements
Tata Metaliks Limited 3 months Not disclosed Eastern India movements
Jindal Steel & Power Limited 1 year Not disclosed Odisha-based industrial movements

These contracts reaffirm Ritco's expertise in plant-to-market steel logistics and its ability to manage complex supply chains with assured fleet availability and operational discipline.

Diversified FMCG and Industrial Portfolio

The company secured additional contracts worth over ₹7 crore from FMCG, industrial, and building materials sectors, showcasing its capability to handle diverse cargo categories. Key wins included a 14-month contract with Kansai Nerolac Paints Limited for multi-destination dispatches across India and a 1-year pan-India movement contract with Frigo Glass India Pvt Ltd for time-sensitive industrial goods.

Client Duration Service Scope
Kansai Nerolac Paints Limited 14 months Multi-destination dispatches across India
Frigo Glass India Pvt Ltd 1 year Pan-India movement contract
Prism Johnson Limited 6 months Regional movements
RenewSys India Pvt Ltd Short-term Renewable energy sector logistics

TrucksUp Platform Performance

The company's TrucksUp digital platform demonstrated strong growth metrics during February 2026. FASTag transactions recorded month-on-month growth of approximately 52%, with GMV surpassing ₹15 crore in February alone. The platform has expanded its service coverage to over 17,000 pin codes nationwide, strengthening its national footprint across metro cities, tier-2/3 markets, and rural logistics clusters.

Metric Performance
FASTag Transaction Growth 52% month-on-month
February FASTag GMV ₹15+ crore
Service Coverage 17,000+ pin codes
Digital Fuel Card Customers 6,000+

The Load Board feature showed continued engagement with Add Load recording 23% month-on-month growth and Find Load witnessing 32% growth in February, reflecting improved platform traction and higher search activity.

Strategic Partnerships and Technology Initiatives

TrucksUp has strengthened its fuel ecosystem through strategic integrations with major oil marketing companies including IOCL, HPCL, Jio BP, and Nayara Energy. These partnerships have expanded the platform's nationwide fuel acceptance network and enabled structured fuel programs with enhanced digital payment capabilities. The company also enhanced its cybersecurity measures during the month, reviewing endpoint security controls and strengthening email security configurations to protect against potential threats.

Historical Stock Returns for Ritco Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
+1.01%+7.22%-10.77%-23.30%-20.01%+74.33%

Ritco Logistics Publishes Q3FY26 Financial Results in Newspapers per Regulation 47

2 min read     Updated on 13 Feb 2026, 08:29 PM
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Reviewed by
Suketu GScanX News Team
Overview

Ritco Logistics Limited completed mandatory newspaper publication of its Q3FY26 financial results in Financial Express and Jansatta on February 13, 2026, as required under SEBI LODR Regulation 47. The published results highlight strong operational performance with consolidated revenue growth of 25.5% to ₹39,264.22 lakh and nine-month revenue growth of 31.2% to ₹1,10,735.61 lakh, demonstrating the company's sustained business momentum in the integrated logistics sector.

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Ritco Logistics Limited has completed the mandatory newspaper publication of its unaudited financial results for the quarter ended December 31, 2025, in compliance with regulatory requirements. The company informed stock exchanges about this publication through an official communication dated February 13, 2026.

Regulatory Compliance and Publication Details

The company published extracts of its standalone and consolidated unaudited financial results in two newspapers on February 13, 2026. The publications appeared in Financial Express (English) and Jansatta (Hindi), both Delhi editions, ensuring compliance with SEBI regulations.

Publication Summary

Parameter: Details
Publication Date: February 13, 2026
English Newspaper: Financial Express, Delhi
Hindi Newspaper: Jansatta, Delhi
Regulation: SEBI LODR Regulation 47
Website Hosting: www.ritcologistics.com

The communication was signed by Gitika Arora, Company Secretary and Compliance Officer, and sent to both the National Stock Exchange of India Limited (NSE Symbol: RITCO) and BSE Limited (Scrip Code: 542383).

Strong Q3FY26 Performance Highlights

The published financial results showcase robust performance across key operational metrics for the third quarter of fiscal year 2026, demonstrating sustained business momentum.

Consolidated Financial Performance

Metric: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: ₹39,264.22 lakh ₹31,296.12 lakh +25.5%
Net Profit: ₹963.54 lakh ₹1,016.07 lakh -5.2%
Basic EPS: ₹3.37 ₹3.81 -11.5%

The company achieved consolidated revenue from operations of ₹39,264.22 lakh in Q3FY26, representing a substantial 25.5% increase compared to the corresponding quarter of the previous year.

Nine-Month Performance Overview

For the nine-month period ended December 31, 2025, Ritco Logistics maintained strong operational momentum with significant revenue growth.

Nine-Month Financial Summary

Parameter: 9M FY26 9M FY25 Growth (%)
Revenue from Operations: ₹1,10,735.61 lakh ₹84,428.02 lakh +31.2%
Net Profit: ₹2,791.54 lakh ₹2,913.60 lakh -4.2%
Basic EPS: ₹9.77 ₹10.91 -10.4%

Corporate Governance Framework

The Board of Directors, led by Chairman and Whole-Time Director Man Mohan Pal Singh Chadha, approved the quarterly results at their meeting held on February 11, 2026. The results will also be hosted on the company's official website at www.ritcologistics.com for stakeholder access.

This newspaper publication fulfills the company's obligation under Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and regulatory compliance in financial reporting.

Historical Stock Returns for Ritco Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
+1.01%+7.22%-10.77%-23.30%-20.01%+74.33%

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