26-Oct-2026 09:15:56

RITCOGeneral news

RITCO LOGISTICS: SECURES ₹119.55 CR NEW CONTRACTS IN SEPTEMBER; TRUCKSUP PLATFORM SHOWS STRONG BUSINESS ACTIVITY

• New Orders: Secured transportation contracts worth ₹119.55 Cr during September 2026 • BPCL Contract: Won a 3-year transportation contract worth ₹73.67 Cr from BPCL's Dibrugarh facility • HRRL Contract: Secured a 3-year transportation contract worth ₹35.34 Cr from HPCL Rajasthan Refinery, Barmer • Other Contracts: Secured additional transportation orders across battery, power backup, paper, packaging, glass and ceramic sectors • Revenue Visibility: Long-term contracts strengthen order visibility and expand the company's transportation portfolio • FASTag Business: TrucksUp issued approximately 9,926 FASTags with gross merchandise value (GMV) of ₹54 Cr in September • Vehicle Financing: TrucksUp facilitated vehicle financing disbursements worth ₹3.78 Cr • Smart Fuel: Recorded approximately 419 KL of fuel transactions through the TrucksUp platform • GPS Revenue: Generated ₹49.05 lakh revenue from GPS services during September • Subscription Revenue: TrucksUp recorded approximately ₹80.07 lakh subscription revenue • Platform Expansion: Onboarded 15,918 truck suppliers during September • Technology Upgrades: Strengthened cybersecurity, access management, system monitoring and disaster recovery capabilities

RITCO LOGISTICS LIMITED

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