Ritco Logistics Limited
Board Meeting Details
The Board of Directors meeting was held on Friday, 13th November 2026 at 336, Udyog Vihar, Phase-2, Gurgaon-122016. The meeting commenced at 04:30 PM and concluded at 08:35 PM.
Key Decisions Approved
1. Approved the Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half Year ended 30th September 2026 along with Limited Review Report (Annexure-1)
2. Confirmed that during Q2 and H1 FY27, there was no further issuance of securities and existing issue proceeds were utilized for intended purposes without deviation
Auditor Review
Compliance Actions
The Company will publish the results in newspapers as per Regulation 47 and upload them on the company website at www.ritcologistics.com.
Consolidated Financial Results (Key Figures)
Quarter Ended 30th September 2026 (Unaudited)
- Revenue from Operations: ₹43,905.91 lakh (vs ₹36,038.46 lakh in Q2 FY26)
- Other Income: ₹267.60 lakh
- Total Income: ₹44,173.51 lakh
- Total Expenses: ₹43,611.86 lakh (including Cost of Service: ₹38,706.98 lakh, Employee Benefits: ₹1,774.74 lakh, Finance Costs: ₹872.22 lakh, Depreciation: ₹1,136.85 lakh)
- Profit Before Tax: ₹561.65 lakh (vs ₹1,365.40 lakh in Q2 FY26)
- Tax Expense: ₹459.30 lakh (Current Tax: ₹355.99 lakh, Deferred Tax: ₹103.31 lakh)
- Profit for Period: ₹102.35 lakh (vs ₹932.57 lakh in Q2 FY26)
- Total Comprehensive Income: ₹89.86 lakh
- EPS: ₹1.41 (Basic & Diluted) (vs ₹3.26 in Q2 FY26)
Half Year Ended 30th September 2026 (Unaudited)
- Revenue from Operations: ₹80,417.63 lakh (vs ₹71,471.38 lakh in H1 FY26)
- Profit Before Tax: ₹1,253.44 lakh (vs ₹2,700.09 lakh in H1 FY26)
- Profit for Period: ₹449.58 lakh (vs ₹1,828.01 lakh in H1 FY26)
- EPS: ₹3.34 (Basic & Diluted) (vs ₹6.40 in H1 FY26)
Subsidiary Information
The consolidated results include:
- Logro Sourcing Private Limited
- Trucksup Solutions Private Limited (Wholly Owned Subsidiary of Logro Sourcing)
During H1 FY27, Trucksup Solutions Private Limited issued and allotted 15,65,200 Compulsory Convertible Preference Shares of face value ₹10 each at an issue price of ₹500 per share (including securities premium of ₹490 per share), aggregating to ₹78,26,00,000. These shares are convertible into equity shares as per terms and Companies Act provisions.
Standalone Financial Results (Key Figures)
Quarter Ended 30th September 2026 (Unaudited)
- Revenue from Operations: ₹42,619.53 lakh
- Profit Before Tax: ₹1,822.04 lakh
- Profit for Period: ₹1,362.74 lakh
- EPS: ₹4.76 (Basic & Diluted)
Half Year Ended 30th September 2026 (Unaudited)
- Revenue from Operations: ₹78,321.27 lakh
- Profit Before Tax: ₹3,359.76 lakh
- Profit for Period: ₹2,555.90 lakh
- EPS: ₹8.93 (Basic & Diluted)
Balance Sheet Position (Consolidated as at 30th September 2026)
- Total Assets: ₹98,343.42 lakh (vs ₹86,227.88 lakh as at 31st March 2026)
- Equity Share Capital: ₹2,862.28 lakh (unchanged)
- Total Equity: ₹45,028.07 lakh
- Non-Current Liabilities: ₹16,492.94 lakh
- Current Liabilities: ₹38,139.20 lakh
- Borrowings: ₹50,954.83 lakh (Non-current: ₹14,611.10 lakh, Current: ₹36,343.73 lakh)
Cash Flow Statement (Consolidated H1 FY27)
- Net Cash from Operating Activities: (₹2,292.04) lakh
- Net Cash from Investing Activities: (₹8,537.70) lakh
- Net Cash from Financing Activities: ₹9,896.57 lakh
- Net Change in Cash: (₹933.22) lakh
- Cash & Equivalents at period end: ₹860.82 lakh
Notes to Accounts
- The financial results are prepared in accordance with Indian Accounting Standards (Ind AS)
- The company has only one reportable segment (IND AS 108)
- Quarter figures are balancing figures between half-year and previous quarter
- Figures are rounded off to nearest lakh rupees