Ritco Logistics Limited has informed the Exchange regarding Monthly Business Updates for the month of March 2026
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Ritco Logistics secured approximately ₹206.5 crore in total business pipeline for March 2026, comprising ₹152.43 crore in awarded contracts and ₹54.10 crore under finalization. The highlight was a major 3-year strategic contract in the Steel & Metals sector worth ~₹123.6 crore, reinforcing long-term revenue visibility. Additional contracts were won across FMCG, Solar, and Industrial sectors. The company's TrucksUp platform signed an MoU with NHAI and IHMCL for technology-driven highway solutions. For FY 2025-26, TrucksUp issued 3,460 fuel cards, 12,520 FASTags, and 4,203 insurance policies, reflecting growing adoption of its digital platform among fleet operators. The company also completed a VAPT cybersecurity exercise to strengthen data protection and authentication systems.
The ₹152+ crore in newly awarded contracts, including a ₹123.6 crore multi-year steel & metals deal, signals strong demand and bodes well for revenue growth visibility over the next 1-3 years. The NHAI partnership enhances the company's digital ecosystem value proposition.