Ritco Logistics Secures ₹82 Crore in New Contracts During January 2026

2 min read     Updated on 10 Feb 2026, 03:19 PM
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Reviewed by
Suketu GScanX News Team
Overview

Ritco Logistics Limited secured approximately ₹82 crore in new transportation contracts during January 2026, demonstrating strong momentum across multiple industry sectors. The company won significant long-term steel and metals contracts worth ₹233 crore, food industry partnerships with ITC Ltd worth ₹10 crore, and paper sector deals worth ₹11 crore. The TrucksUp platform showed exceptional growth with 92% increase in insurance policy issuance and 94% growth in FASTag business, reinforcing the company's technology-driven approach to logistics solutions.

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

Ritco Logistics Limited started 2026 on a strong note, securing new transportation contracts worth approximately ₹82 crore in January 2026. The integrated logistics and multimodal transport solutions provider demonstrated continued strength across core industrial sectors through long-term partnerships and operational excellence.

Major Contract Wins Across Key Sectors

The company's January performance was driven by significant wins across multiple industry verticals, showcasing its diversified client base and sector expertise.

Steel and Metals Sector Leadership

Parameter: Details
Contract Value: ₹233 crore
Duration: Three years
Coverage: Eastern India to Western/Southern India
Sector Focus: Steel and metals

Ritco secured multiple long-term contracts in the steel and metals segment, reinforcing its leadership position in Full Truck Load (FTL) transportation. These three-year engagements cover high-volume, plant-to-market movements and demonstrate the company's deep expertise in handling complex logistics requirements for the steel industry.

FMCG and Food Industry Expansion

Client: Contract Details
ITC Ltd: ₹10 crore, one-year contract
Scope: Multi-origin, multi-destination movements
Coverage: Pan-India operations
Segment: FMCG and packaged foods

The company strengthened its presence in the fast-moving consumer goods sector through strategic partnerships with ITC Ltd. These assignments highlight Ritco's capability in managing time-sensitive, high-frequency dispatches with consistent service reliability.

Paper and Packaging Sector Growth

Ritco expanded its footprint in the paper and processed materials sector through new annual contracts worth ₹11 crore with ITC and Roquette. These engagements involve regional and pan-India movements, demonstrating the company's ability to support steady, predictable supply chains for manufacturing-driven industries.

Technology Platform Enhancements

The company continued strengthening its technology infrastructure with focus on:

  • Enhanced security protocols for data protection and financial transaction safety
  • Improved platform performance enabling faster load processing and real-time updates
  • System reliability improvements ensuring minimal downtime and smooth operations

TrucksUp Platform Achievements

Ritco's TrucksUp platform marked several significant milestones during January 2026:

Service Expansion and Partnerships

  • FASTag service launch: Enabling end-to-end digital journey for fleet owners
  • Jio BP partnership: Smart Fuel Card creation and management capabilities
  • Large Fleet Owner (LFO) platform: Comprehensive vehicle ecosystem management

Strong Business Growth Metrics

Service: Growth Rate Details
Commercial Vehicle Insurance: 92% increase Policy issuance growth
FASTag Issuance: 94% increase Higher adoption rates
FASTag GMV: 110% growth Revenue expansion

The platform's insurance business demonstrated remarkable growth with approximately 92% increase in commercial vehicle insurance policy issuance. Fleet owners increasingly relied on TrucksUp for responsive customer support and suitable insurance options, enabling faster policy processing and better cost management.

Strategic Business Positioning

The January contract wins represent a balanced mix of long-term, annuity-driven contracts and strategic short-term assignments. This approach ensures revenue visibility and operational stability while deepening relationships with leading industrial clients. The company continues expanding its reach across sectors critical to India's infrastructure and manufacturing growth, positioning itself for sustained business development throughout 2026.

Historical Stock Returns for Ritco Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%+6.82%-3.90%-14.17%-28.25%+106.94%

RITCO Logistics Secures Approximately ₹205 Crore in New Contracts for December 2025

1 min read     Updated on 05 Jan 2026, 07:13 PM
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Reviewed by
Ashish TScanX News Team
Overview

RITCO Logistics has successfully secured approximately ₹205 crore worth of new contracts scheduled for December 2025, representing a significant business milestone for the logistics company. This substantial contract win demonstrates strong market demand for the company's services and highlights its competitive positioning in the logistics sector.

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

RITCO Logistics has announced a significant business achievement with the securing of approximately ₹205 crore worth of new contracts for December 2025. This substantial contract win marks a notable milestone for the logistics company, reflecting strong market demand and business growth.

Contract Details

The company has successfully secured these new business commitments, which are scheduled for execution in December 2025. The contract value represents a significant addition to the company's order book and demonstrates its competitive positioning in the logistics sector.

Parameter: Details
Contract Value: ₹205 crore (approximately)
Execution Period: December 2025
Business Type: New Contracts

Business Impact

This contract win represents a substantial business development for RITCO Logistics, showcasing the company's ability to secure large-value commitments in the competitive logistics market. The announcement reflects the company's continued efforts to expand its business operations and strengthen its market presence.

The timing of these contracts, scheduled for December 2025, provides the company with forward visibility on its business pipeline and revenue potential. This development underscores RITCO Logistics' capacity to attract and secure significant business opportunities in the logistics sector.

Market Position

The successful securing of these contracts demonstrates RITCO Logistics' competitive capabilities and market positioning within the logistics industry. The substantial value of approximately ₹205 crore indicates the company's ability to handle large-scale logistics operations and meet client requirements effectively.

This business achievement reinforces the company's growth trajectory and its commitment to expanding its service offerings in the logistics market. The contract win positions RITCO Logistics favorably for continued business development and operational expansion.

Historical Stock Returns for Ritco Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%+6.82%-3.90%-14.17%-28.25%+106.94%

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1 Year Returns:-28.25%