Ritco Logistics Secures ₹342 Cr New Business in Transport & Warehousing
Ritco Logistics Ltd. has announced new business wins totaling approximately INR 342 Crores across its Transportation and Warehousing verticals. A significant contract valued at ₹334 Crore from HPCL Rajasthan Refinery Limited (HRRL) for pan-India Polymer Granule distribution is a major highlight. The company also secured warehousing contracts from OPAL and transportation services from MRPL. These wins reinforce Ritco's strategy of expanding customer relationships and strengthening its integrated logistics capabilities, particularly in the energy and petrochemical sectors. The update also includes advancements in IT security, asset management, and collaboration platforms, alongside key performance indicators from their Trucksup platform, including FASTag issuance, fuel card usage, vehicle financing, and GPS installations.
Key Highlights
- Secured new contracts worth approximately ₹342 Crores.
- Major ₹334 Cr contract for polymer distribution from HRRL.
- Expands presence in petrochemical logistics and warehousing.
- Strengthens integrated logistics and supply chain solutions.
- Trucksup platform shows growth in FASTag, fuel cards, and financing.
Price Impact
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