Ritco Logistics Limited has informed the Exchange regarding Board meeting held on May 19, 2025.
RITCO · price
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Ritco Logistics' board, which met on May 19, 2025, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with the statutory auditor issuing an unmodified opinion. Consolidated FY25 revenue from operations rose about 27% YoY to Rs. 1,18,968.59 lakhs, while profit after tax grew roughly 24.5% to Rs. 4,063.22 lakhs and basic EPS stood at Rs. 14.99 (vs Rs. 13.34 in FY24). Q4FY25 was even stronger, with consolidated revenue up ~37% YoY to Rs. 34,540.58 lakhs and net profit at Rs. 1,149.63 lakhs versus Rs. 865.41 lakhs a year ago. On the standalone basis, FY25 net profit jumped ~38% to Rs. 4,719.47 lakhs with EPS of Rs. 17.41. The board also allotted 3,00,000 equity shares at Rs. 247.10 each to promoter group entities upon conversion of 3,00,000 warrants, bringing in about Rs. 7.41 crore of capital and showing promoter confidence.
Positive for shareholders: robust top-line and bottom-line growth, clean audit report, and promoter group increasing its stake via warrant conversion signal confidence in the business. However, total borrowings also rose to Rs. 31,336 lakhs (from Rs. 25,877 lakhs) and trade receivables climbed sharply, which investors should watch as the company scales up its asset base.