Ritco Logistics Secures ₹119.55 Crore in New Business, Led by BCPL and HRRL Contracts
Ritco Logistics secured new business worth ₹119.55 crore in September 2026. Key wins include a three-year contract from BCPL for ₹73.67 crore and from HRRL for ₹35.34 crore. Trucksup Solution, a subsidiary, reported FASTag GMV of ₹54 crore and vehicle financing of ₹3.78 crore.
The announcement details substantial new orders, including significant long-term contracts, which are expected to have a material positive impact on the company's revenue and financial performance.
The company has secured significant new business orders, including long-term contracts, which is a positive indicator for future revenue and growth.
Ritco Logistics Limited announced its monthly business updates for September 2026, revealing new business worth approximately ₹119.55 crore.
The company secured major three-year contracts from BCPL (Brahmaputra Cracker and Polymer Limited) valued at ₹73.67 crore and from HRRL (HPCL Rajasthan Refinery Limited) valued at ₹35.34 crore. The BCPL contract covers transportation from Lapetkata to various destinations, marking the largest business win for the month and strengthening Ritco's portfolio of long-duration contracts. The HRRL contract involves transportation from Pachpadra to various destinations, further solidifying Ritco's relationship with a key player in the energy sector and providing substantial revenue visibility.
In addition to these major contracts, Ritco also secured other transportation assignments from industries including Battery and Power Backup (one-year contract from Ambala), Paper and Packaging (eleven-month contract covering Rayagada and Raipur), Glass (three-month contract from Keshwana, Rajasthan), and Ceramic Material (one-month contract from Vizag).
Information technology enhancements focused on vulnerability and patch management, identity and access management, security monitoring and incident response, and backup and disaster recovery.
Updates from its step-down subsidiary, Trucksup Solution Private Limited, included the issuance of approximately 9,926 FASTags with a Gross Merchandise Value (GMV) of ₹54 crore, vehicle financing disbursements of ₹3.78 crore, 419 KL of fuelling via Smart Fuel, ₹49.05 lakh in GPS revenue, ₹80.07 lakh in subscription revenue, and the onboarding of 15,918 truck suppliers.
The company stated that the business inflow demonstrates its ability to leverage transportation capabilities and customer relationships, providing additional revenue visibility and diversifying its business portfolio. Ritco Logistics remains focused on expanding its presence, strengthening customer partnerships, and building a diversified, technology-enabled logistics enterprise.
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Ritco Logistics Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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