Ritco Logistics Limited has informed the Exchange regarding Monthly Business Updates for the month of April 2026
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Ritco Logistics Limited secured approximately ₹49 crores in new transportation contracts in April 2026. The largest win was a 1-year contract worth ~₹44 crore with a leading petrochemical giant for multi-location bulk logistics operations. Additional contracts worth ~₹3 crore were secured from infrastructure, engineering, and industrial goods sectors including electrical and renewable industries. The company's TrucksUp digital platform expanded its fuel card services to include HPCL alongside existing partnerships with IOCL and Jio-bp, created 1000+ digital fuel cards, and crossed ₹25 crore in FASTag GMV with 14% month-on-month growth. The company noted April inflows were relatively moderate compared to the previous month but emphasised the quality of contracts for revenue visibility.
The ₹44 crore petrochemical contract and diversified PSU/infrastructure wins provide near-term revenue visibility. However, the company itself described April as a relatively moderate month compared to March, which may temper near-term investor expectations despite the healthy order book.