Gurugram, May 9, 2026: Ritco Logistics Limited has secured new transportation contracts worth approximately ₹49 crore during April 2026, strengthening its position across the polymer, PSU, engineering and industrial logistics segments.
The company said the latest order wins reflect its continued focus on expanding long-term customer relationships and strengthening operational capabilities across key industrial corridors in India.
A major portion of the new business came from the polymer and PSU logistics segment, where Ritco secured a one-year transportation contract valued at over ₹44 crore from a leading petrochemical company. The contract involves multi-location logistics movement and bulk transportation operations.
The company also secured multiple contracts worth around ₹1.7 crore from a leading electrical equipment company for operations at Trichy and Jagdishpur, with contract durations ranging from nine months to two years. Additional orders were received from clients in the tyre and renewable energy sectors.
According to the company, the April order inflow reflects a balanced mix of short-term and medium-term contracts, providing revenue visibility and operational flexibility while reinforcing its presence in core sectors including steel, infrastructure and industrial goods.
Alongside business updates, Ritco Logistics Limited highlighted ongoing technology initiatives aimed at strengthening operational governance and digital infrastructure.
The company said it is enhancing its log management and audit trail systems to improve system traceability, compliance and cybersecurity safeguards. It has also strengthened change management procedures and implemented measures to manage risks associated with third-party software dependencies.
Its digital logistics platform, TrucksUp, continued to witness growth during April 2026. The platform added support for Hindustan Petroleum Corporation Limited fuel card services, alongside existing integrations with Indian Oil Corporation Limited and Jio-bp. The company stated that more than 1,000 digital fuel cards were created on the TrucksUp platform during the month, reflecting increasing adoption among transporters and fleet operators.
Additionally, FASTag transaction gross merchandise value (GMV) processed through TrucksUp crossed ₹25 crore in April, registering a 14% month-on-month increase, indicating growing usage of the platform for toll payment management.