Ritco Logistics posts strongest Q4 FY26 as revenue tops ₹14.8bn

Growth was driven by steel, FMCG and infrastructure contracts, multimodal expansion and TrucksUp’s digital logistics services.

Update: 2026-06-01 11:22 GMT

Ritco Logistics reported its strongest-ever fourth-quarter performance for FY26, with total standalone income rising 11.79% year-on-year to ₹3.87 billion for the quarter ended March 31, 2026, while full-year revenue crossed ₹14.80 billion. The company said growth was supported by strong operational execution, new contract acquisitions, expansion in steel and infrastructure supply chains, growth in multimodal operations and continued digital investments.

For FY26, Ritco Logistics reported standalone total income of ₹14.91 billion, up 24.84% from ₹11.95 billion in FY25. Operating income increased 24.88% year-on-year to ₹14.84 billion, while EBITDA rose 19.59% to ₹1.15 billion. Profit before tax increased 3.61% to ₹658.4 million and net profit rose 5.69% to ₹498.8 million.

In Q4 FY26, standalone total income increased 11.79% year-on-year to ₹3.87 billion from ₹3.46 billion in the same period last year. Operating income rose 11.70% to ₹3.85 billion. EBITDA stood at ₹262.7 million, while profit before tax came in at ₹132.5 million and net profit at ₹109.7 million.

On a consolidated basis, Ritco Logistics reported total income of ₹3.94 billion in Q4 FY26, up 13.34% year-on-year, while operating income rose 13.44% to ₹3.92 billion. For the full year, consolidated total income stood at ₹15.05 billion, an increase of 25.91% from FY25, while operating income grew 26.02% to ₹14.99 billion.

The company said business momentum remained strong across sectors including steel and metals, polymers, energy, FMCG, infrastructure, pharmaceuticals, allied industries and bulk commodities. During the quarter, Ritco secured a long-term transportation contract in the steel sector involving multi-location movements across the country.

Ritco also expanded its presence in FMCG and building materials through new contract acquisitions across national and regional routes. The company strengthened its position in fly ash logistics after securing a transportation mandate from an infrastructure company and won a short-term assignment in the infrastructure-linked bulk commodities segment involving inter-state operations.

The company added new customers across FMCG, allied industries and healthcare sectors for multi-destination logistics requirements and said its digital capabilities, operational integration and multimodal logistics expertise continued to support supply chain operations.

In contract logistics, Ritco said it strengthened its position in steel and metals through a three-year transportation contract with nationwide coverage. The company also expanded services across polymer, steel, infrastructure and pharmaceutical sectors, while increasing its presence in energy transportation.

Ritco said it continued to strengthen its 3PL and warehousing network to support its shift towards integrated supply chain solutions. The company expanded its presence in western India and increased its ability to manage large and complex supply chains for a major public sector client.

The company also continued digital transformation initiatives aimed at strengthening security, system management and operational efficiency. Measures included system configuration improvements, stronger log management, enhanced authentication systems, code security measures and third-party dependency risk management.

TrucksUp Solutions, Ritco Logistics’ digital arm, reported strong growth in platform adoption, FASTag services and AI-led load-matching capabilities during the quarter. Total income nearly doubled quarter-on-quarter to ₹74.3 million from ₹39.2 million, while operating income increased to ₹72.5 million from ₹38.3 million.

During Q4 FY26, TrucksUp issued 12,520 FASTags, 3,460 fuel cards and 4,203 insurance policies. The company said FASTag gross merchandise value crossed ₹150 million in February and the platform expanded its reach to more than 17,000 PIN codes. In March, TrucksUp signed a memorandum of understanding with NHAI and IHMCL to strengthen its role in the national highway ecosystem.

The company said its load board business also recorded growth during the quarter, with supply-side and demand-side activity increasing in February. Ritco said wider service coverage and increased platform engagement supported stronger logistics connectivity across metro, tier-2, tier-3 and rural markets.

Commenting on the performance, the management said Q4 FY26 reflected continued focus on execution, customer-led growth and operational efficiency, supported by investments in technology, automation and warehousing infrastructure to improve supply chain visibility, service reliability and asset productivity.

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