Ritco Logistics Limited has informed the Exchange regarding Monthly Business Updates for the month of December 2025
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Ritco Logistics reported new transportation contract wins worth approximately ₹205 crore in December 2025, continuing its growth momentum. The largest was a long-term, multi-year ₹165 crore contract in the polymer sector from a leading Rajasthan-based company, covering multi-location FTL movements across India. Additional wins included ₹35 crore in steel and metals (pan-India and regional plant-to-plant/plant-to-market routes), a strategic short-term contract in infrastructure-linked bulk commodities, and a new customer in pharmaceuticals. On the digital side, subsidiary TrucksUp recorded 35,679 app downloads, 267,542 loads added, a 31.89% match rate, and 5,471 subscribers. TrucksUp also announced partnerships with Jio-bp (fuel cards), HDFC Bank (truck financing), and IDFC Bank/M2P (digital onboarding and FASTag), and disclosed plans for a fundraise to support expansion.
The strong monthly order inflow reflects robust demand and sector diversification across polymer, steel, infrastructure, and pharma, which is positive for revenue visibility. However, the planned TrucksUp fundraise could lead to equity dilution for existing shareholders, an aspect investors should watch.