Meeting of the Board of Directors of the Company was held on Wednesday, 27th May, 2026 at 336, Udyog Vihar, Phase- 2, Gurgaon-122016 and the said meeting commenced at 04:00 P.M. and concluded ....
RITCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ritco Logistics held its board meeting on May 27, 2026 and approved audited financial results for FY ended March 2026. Standalone revenue grew 25% to Rs 14,842 lakhs with PAT up 5.7% at Rs 4,989 lakhs and EPS of Rs 17.45. Consolidated revenue rose 26% to Rs 14,992 lakhs but PAT declined 21% to Rs 3,192 lakhs due to non-controlling interest losses of Rs 406 lakhs. The statutory auditors issued an unmodified (clean) opinion. Ms. Shweta Jain resigned as Independent Director effective May 5, 2026. The company spent Rs 9,064 lakhs on capex, converted 300,000 warrants into equity shares in May 2025, and distributed 82,250 ESOP shares to 17 employees.
Mixed signals: strong revenue growth shows business expansion, but declining consolidated profits and higher debt levels may concern investors. The director resignation adds to governance concerns. The clean audit opinion is positive for financial reporting reliability.