
Quarterly Updates21 Aug 2025, 10:24 am
Ritco Logistics Ltd Reports 40% Growth in FY-26 Q1, Announces Shift to Supply Chain Company
AI Summary
Ritco Logistics Ltd, a leading logistics company in India, reported a 40% growth in the first quarter of FY-26. The company, which started as a small transport company in 1996, has evolved into a logistics giant with a 42%-44% share in the petrochemical industry. Ritco is now set to transform into a complete supply chain company, offering transport, logistics, and supply chain solutions. The company also announced the launch of TrucksUp, an aggregator platform that aims to increase asset utilization for single truck owners and provide them with an ecosystem to buy trucks and access services like insurance, FASTag, and fuel discounts.
Key Highlights
- Ritco Logistics reports a 40% growth in FY-26 Q1
- Company to transform into a complete supply chain company
- Launch of TrucksUp, an aggregator platform for single truck owners
- TrucksUp aims to increase asset utilization for single truck owners
- TrucksUp to provide an ecosystem for single truck owners to buy trucks and access services