Ritco Logistics Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
RITCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ritco Logistics reported strong FY25 results, with consolidated revenue from operations rising about 27% to Rs 1,18,968.59 lakhs (vs Rs 93,330.27 lakhs in FY24). Consolidated profit after tax grew about 24% to Rs 4,063.22 lakhs, while standalone PAT jumped roughly 38% to Rs 4,719.47 lakhs. Basic EPS improved to Rs 14.99 (consolidated) and Rs 17.41 (standalone). Q4 FY25 standalone PAT grew about 47% year-on-year to Rs 1,345.32 lakhs. The statutory auditor (Mittal & Associates) issued an unmodified opinion on both results. The board also allotted 3,00,000 equity shares at Rs 247.10 each to the promoter group on conversion of warrants issued earlier on a preferential basis. Despite strong profit growth, the consolidated balance sheet shows total borrowings of about Rs 31,336 lakhs against equity of Rs 32,268 lakhs, indicating an elevated debt position.
Strong revenue and earnings growth along with an unqualified audit opinion and promoter-group warrant conversion signal confidence, which is positive for shareholders. However, operating cash flow turned negative on both consolidated (-Rs 1,604 lakhs) and standalone (-Rs 1,000 lakhs) bases due to a sharp rise in trade receivables, and borrowings have grown meaningfully, which are watchpoints even as headline profits look healthy.