Business Update9 May 2026, 09:10 pm
Ritco Logistics Secures ₹49 Cr in New Business (Apr'26)
AI Summary
Ritco Logistics Ltd. secured new transportation contracts worth approximately ₹49 crores in April 2026. This reflects the company's focus on strengthening partnerships and expanding its presence across key industrial corridors. Key contract wins include a significant 1-year contract worth ~₹44 crore with a leading petrochemical giant and multiple contracts with an electrical company valued at ~₹1.7 crore. TrucksUp platform enabled HPCL fuel card management services and saw creation of 1000+ digital fuel cards. FASTag GMV crossed ₹25 Crore.
Key Highlights
- Ritco Logistics secured new transportation contracts worth ₹49 crores in April 2026.
- A major ₹44 crore contract was secured with a leading petrochemical giant.
- TrucksUp platform enabled HPCL fuel card management services.
- FASTag GMV on TrucksUp platform crossed ₹25 Crore in April.
- The company is focused on scaling its core FTL business and expanding into diversified sectors.