+
Ritco Logistics Reports Strongest Q4 and Rs 14.8 bn Annual Revenue
WAREHOUSING & LOGISTICS

Ritco Logistics Reports Strongest Q4 and Rs 14.8 bn Annual Revenue

Ritco Logistics reported its strongest quarter in Q4 FY26 and posted annual revenue of Rs 14.8 billion (bn). The quarter was driven by strategic contract wins, deeper steel and infrastructure participation, scaling multimodal operations and continued digital investment. Management characterised the quarter as a milestone and indicated the company is well positioned to sustain growth.

Standalone total income for FY26 rose to Rs 14.9 bn, up 24.84 per cent, while consolidated total income reached Rs 15.1 bn, up 25.91 per cent. Standalone EBITDA was about Rs 1.15 bn and consolidated EBITDA around Rs 984.5 million (mn), reflecting margin pressure amid scaling investments. Standalone profit after tax was about Rs 498.8 mn and consolidated net profit around Rs 319.2 mn for the year.

Contract logistics secured a long term three year transportation contract with nationwide coverage and won a fly ash mandate from an infrastructure client, alongside multiple pan India FMCG and building materials routes. 3PL and warehousing traction strengthened across industrial hubs in western India, with capacity additions and upgraded capabilities to handle large scale supply chains for a major public sector client. Multimodal utilisation and fleet upgrades were cited as key enablers of asset productivity and sectoral reach.

The digital arm, TrucksUp, reported increased platform adoption, issuing 12,520 FASTags, 3,460 fuel cards and 4,203 insurance policies in the quarter, while FASTag gross merchandise value exceeded more than Rs 150 mn in February and reach extended to over 17,000 PIN codes. Technology work included advanced dynamic analysis, stronger authentication and session controls, improved log management and measures to protect code and third party dependencies. The company indicated continued focus on disciplined execution, customer centric growth and technology driven logistics infrastructure to pursue profitable sustainable expansion.

Ritco Logistics reported its strongest quarter in Q4 FY26 and posted annual revenue of Rs 14.8 billion (bn). The quarter was driven by strategic contract wins, deeper steel and infrastructure participation, scaling multimodal operations and continued digital investment. Management characterised the quarter as a milestone and indicated the company is well positioned to sustain growth. Standalone total income for FY26 rose to Rs 14.9 bn, up 24.84 per cent, while consolidated total income reached Rs 15.1 bn, up 25.91 per cent. Standalone EBITDA was about Rs 1.15 bn and consolidated EBITDA around Rs 984.5 million (mn), reflecting margin pressure amid scaling investments. Standalone profit after tax was about Rs 498.8 mn and consolidated net profit around Rs 319.2 mn for the year. Contract logistics secured a long term three year transportation contract with nationwide coverage and won a fly ash mandate from an infrastructure client, alongside multiple pan India FMCG and building materials routes. 3PL and warehousing traction strengthened across industrial hubs in western India, with capacity additions and upgraded capabilities to handle large scale supply chains for a major public sector client. Multimodal utilisation and fleet upgrades were cited as key enablers of asset productivity and sectoral reach. The digital arm, TrucksUp, reported increased platform adoption, issuing 12,520 FASTags, 3,460 fuel cards and 4,203 insurance policies in the quarter, while FASTag gross merchandise value exceeded more than Rs 150 mn in February and reach extended to over 17,000 PIN codes. Technology work included advanced dynamic analysis, stronger authentication and session controls, improved log management and measures to protect code and third party dependencies. The company indicated continued focus on disciplined execution, customer centric growth and technology driven logistics infrastructure to pursue profitable sustainable expansion.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code