Ritco Logistics Lands Jackpot Contracts, Fuels Next Phase of Growth

Image Source: Autoguide India

Ritco Logistics Ltd has announced a series of significant contract wins, marking a major leap in its growth trajectory and reinforcing its position as a leading player in the Indian logistics sector.

Key Highlights:

Ritco Logistics has secured a long-term contract with Mangalore Refinery and Petrochemicals Ltd (MRPL) to manage warehousing and third-party logistics (3PL) operations at Hyderabad, strengthening its presence in the industrial supply chain and expanding its 3PL and warehousing vertical.
The company has clinched a substantial transportation contract worth ₹850 million from Jindal Steel & Power Ltd (JSPL), deploying a customized, dedicated fleet to support JSPL’s growing logistics requirements and ensure seamless supply chain operations.
Ritco has also bagged a contract valued at ₹360 million from NTPC, further diversifying its portfolio and deepening its engagement with India’s core industrial sectors.

These wins come on the back of Ritco’s continued expansion into renewable energy and manufacturing logistics, with new partnerships and logistics services for prominent players in solar energy and cable manufacturing.

The company’s aggressive growth is reflected in its robust financial performance: quarterly revenue growth of over 30% year-on-year, rising net profit margins, and a steadily expanding client base across steel, energy, and manufacturing sectors.

Ritco’s strategic focus on customized fleet solutions, technology-driven operations, and scalable warehousing infrastructure positions it as a reliable logistics partner for India’s top industrial giants.

With these contracts, Ritco Logistics continues to set new benchmarks in efficiency, reliability, and sectoral reach, underscoring its commitment to supporting India’s industrial and infrastructure growth.

Source: Trade Brains