India's Ritco Logistics climbs on higher Q1 profit

RITCO LOGISTICS

07/08/2024 08:47

** Shares of Ritco Logistics Ltd  RICT.NS  rise as much as
5.4% to 339.75 rupees
    ** Transportation services provider reported ~22% rise in Q1
consol net profit at 87.9 mln rupees 
    ** Consol rev grew 21.4% y/y
    ** More than 170,000 shares traded as of 1:13 p.m. IST, vs
their 30-day moving avg of 347,236 shares
    ** RICT last up 2.2%, adding to YTD gains of 22.6% so far

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))