Integrated Filing — IndAS



General information about company
Scrip Code 542383
NSE Symbol RITCO
MSEI Symbol NOTLISTED
ISIN INE01EG01016
Name of company Ritco Logistics Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 19-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 11-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Hiring Income
Start date and time of board meeting 19-May-2025   17:30:00
End date and time of board meeting 19-May-2025   18:35:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 3454058000 11896859000
Other income 21355000 59264000
Total income 3475413000 11956123000
2 Expenses
(a) Cost of materials consumed 3036594000 10486746000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 94478000 309482000
(e) Finance costs 64277000 223300000
(f) Depreciation, depletion and amortisation expense 52771000 164055000
(f) Other Expenses
1 Rent 2859000 14011000
2 Rate & Taxes 102000 371000
3 Insurance 18564000 40242000
4 Repairs and Maintenance 1991000 6462000
5 Audit Fee 185000 698000
6 Travelling & Conveyance Expenses 7534000 21706000
7 Rebate & Discount 6280000 30246000
8 Legal and Professional Charges 441000 1255000
9 Printing and Stationary 1008000 3110000
10 Other Expenses 27325000 84664000
Total other expenses 66289000 202765000
Total expenses 3314409000 11386348000
3 Total profit before exceptional items and tax 161004000 569775000
4 Exceptional items 0 0
5 Total profit before tax 161004000 569775000
6 Tax expense
7 Current tax 31818000 116851000
8 Deferred tax 14224000 46601000
9 Total tax expenses 46042000 163452000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 114962000 406323000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 114962000 406323000
17 Other comprehensive income net of taxes -977000 1015000
18 Total Comprehensive Income for the period 113985000 407338000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 119660000 422073000
Total profit or loss, attributable to non-controlling interests -4698000 -15750000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent -977000 1015000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0 0
21 Details of equity share capital
Paid-up equity share capital 283228000 283228000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 2925079000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.24 14.99
Diluted earnings (loss) per share from continuing operations 4.23 14.96
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.24 14.99
Diluted earnings (loss) per share from continuing and discontinued operations 4.23 14.96
24 Debt equity ratio 0.0097 0.0097
25 Debt service coverage ratio 0.0405 0.0347
26 Interest service coverage ratio 0.0326 0.0335
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1472280000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 0
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 487155000
Total non-current financial assets 487155000
Deferred tax assets (net) 0
Other non-current assets 0
Total non-current assets 1959435000
2 Current assets
Inventories 0
Current financial asset
Current investments 7669000
Trade receivables, current 3747514000
Cash and cash equivalents 74101000
Bank balance other than cash and cash equivalents 118417000
Loans, current 4525000
Other current financial assets 247305000
Total current financial assets 4199531000
Current tax assets (net) 64639000
Other current assets 296907000
Total current assets 4561077000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 6520512000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 283228000
Other equity 2943611000
Total equity attributable to owners of parent 3226839000
Non controlling interest -20163000
Total equity 3206676000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 827500000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 17366000
Total non-current financial liabilities 844866000
Provisions, non-current 14023000
Deferred tax liabilities (net) 69602000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 928491000
Current liabilities
Current financial liabilities
Borrowings, current 2306148000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 37649000
Total Trade payable 37649000
Other current financial liabilities 10308000
Total current financial liabilities 2354105000
Other current liabilities 29401000
Provisions, current 1839000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 2385345000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 3313836000
Total equity and liabilites 6520512000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to Profit or Loss -1306000 1357000
Total Amount of items that will not be reclassified to profit and loss -1306000 1357000
2 Income tax relating to items that will not be reclassified to profit or loss -329000 342000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -977000 1015000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 569775000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 223300000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current -796276000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -157900000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 438000
Adjustments for other financial assets, current 961000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 3942000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -7518000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 164055000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 3169000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 890000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 1357000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -563582000
Net cash flows from (used in) operations 6193000
Dividends received 0
Interest paid 0
Interest received -51362000
Income taxes paid (refund) 116851000
Other inflows (outflows) of cash 1614000
Net cash flows from (used in) operating activities -160406000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 13655000
Purchase of property, plant and equipment 994490000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 51361000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -3811000
Net cash flows from (used in) investing activities -933285000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 969996000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 545935000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 230151000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 1285780000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 192089000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 192089000
Cash and cash equivalents cash flow statement at beginning of period 479451000
Cash and cash equivalents cash flow statement at end of period 671540000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 MITTAL & ASSOCIATES Yes 31-May-2027