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Ritco Logistics Secures New Orders Worth Over INR750 Million

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Ritco Logistics (NSE:RITCO, BOM:542383) has secured new business worth more than 750 million Indian rupees across its transportation, fly ash logistics, and third-party logistics and warehousing segments, according to a Monday filing on Indian bourses.

Of the total orders, the company secured a one-year transportation contract worth about 239.5 million rupees from OPAL and three fly ash transportation projects in Bihar worth about 455 million rupees from Megha Engineering & Infrastructure.

The company also received a one-year rate contract from OPAL to manage two warehousing facilities in Kheda and Vapi, Gujarat.

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