Ritco Logistics Gets New Orders Of Rs 121 Crore; Stock Price Up By More Than 2%

Gurugram, June 4, 2025 — Ritco Logistics Ltd. (NSE: RITCO, BSE: 542383), a leading player in India’s integrated logistics landscape, has announced a robust set of business wins across its transportation and warehousing verticals, significantly boosting its market footprint. The company revealed monthly operational updates highlighting fresh contracts with other leading players, including Jindal Steel and Power Limited (JSPL) and NTPC Limited, totalling ₹121 crore. At 2:30 p.m. IST, 4th June ,2025, its stock price is up by 2.72%.

Key Business Wins Across Verticals

A. Transportation Services: Strategic Contracts Secured

Ritco’s logistics contract with Jindal Steel and Power Limited (JSPL), worth ₹85 crore, reinforces the company’s capabilities in handling large-scale steel consignments. Spanning from JSPL’s Angul plant to various locations nationwide, the contracts mark a milestone for the company.

Further, its ₹36 crore contract with NTPC for managing eco-friendly fly ash transportation within Jharkhand has further deepened Ritco’s presence in bulk material logistics.

The company also secured fresh contracts from clients like SLR Metalics Ltd., VBL, and Agrotech, further penetrating sectors such as metals and FMCG.

B. 3PL & Warehousing Expansion

Under its growing 3PL and warehousing vertical, Ritco announced a long-term warehousing and logistics agreement with MRPL. As the engagement spans key industrial hubs it enhances Ritco’s geographic reach and end-to-end logistics service portfolio.

C. Digital Infrastructure Enhancements

Prioritizing digital security and operational visibility, Ritco is upgrading its enterprise IT framework:

• Data Encryption: Ritco secured its ERP systems with encryption protocols for data at rest and in transit.
• Endpoint Detection and Response (EDR): The company also implemented advanced EDR solutions. These will help the company monitor and mitigate logistical operation threats in real time.

These digital upgrades reinforce Ritco’s commitment to secure, efficient, and technology-driven logistics solutions.

What Ritco Has To Say

A spokesperson from Ritco Logistics noted,

“These strategic wins not only reaffirm our strength across logistics domains but also reflect growing trust among India’s largest industrial houses. Our focus remains on executing these mandates with precision and scaling our capabilities through tech-driven efficiency.”

A Strong Strategic Positioning

Ritco has strengthened its position in the market by expanding into heavy industrial logistics, warehousing, and 3PL services. The strong strategic position enables the company to capitalize on India’s infrastructure and manufacturing growth. Further, the recent contracts also strengthen its revenue visibility for FY26, backing its transition into a more diversified logistics powerhouse.

About Ritco Logistics Ltd.:

Founded in 2001, Ritco Logistics is a BSE—and NSE-listed integrated logistics company offering end-to-end transportation, multimodal logistics, warehousing, and value-added services. Its clientele spans industries, including steel, power, FMCG, and petrochemicals.

REF:https://www.bseindia.com/xml-data/corpfiling/AttachLive/7eb7883d-5834-4f2b-98a3-33e6c7328eb4.pdf

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