Ritco Logistics Limited has informed the Exchange regarding Monthly Business Updates for the month of February 2026
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Ritco Logistics secured new transportation contracts worth approximately ₹104.18 crore in February 2026, spanning steel, FMCG, paints, glass, building materials, and renewable energy sectors. The biggest win was a 3-year contract from Jindal Stainless Limited valued at around ₹84 crore for multi-location movements, alongside a 1-year ~₹13 crore engagement from Aarti Steels. Smaller contracts came from Tata Metaliks, Jindal Steel & Power, Kansai Nerolac Paints, Frigo Glass, Prism Johnson, and RenewSys. On the TrucksUp digital platform, FASTag transactions grew about 52% month-on-month with Gross Merchandise Value crossing ₹15 crore in February, while Load Board activities rose 23-32% month-on-month. The company also strengthened its cybersecurity systems and expanded fuel partnerships with IOCL, HPCL, Jio BP, and Nayara Energy.
The ~₹104 crore order inflow in a single month signals strong business momentum and improves revenue visibility through multi-year contracts, which is positive for shareholders. The TrucksUp platform metrics also point to scaling digital revenues, though no explicit financial guidance was provided in this update.