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Despite a marginal decline in net profit, the company maintained business momentum with revenue growth and improved operational efficiency.

The company’s total income was boosted by a substantial jump in other income, which rose by 143% to ₹96 crore from ₹39 cr.

The initiative is part of Tata 1mg’s broader investment in technology to support reliable medicine delivery across its nationwide operations.

The decline was primarily attributed to one-time integration costs related to the company's acquisition of Ecom Express.

The company plans to use funds to develop infrastructure, cover lease payments, sort centers and for marketing.

The shipbuilding industry is allocated 20% of this capital. India aims to rank in the top five worldwide by 2047.

The collaboration seeks to drive greener, more efficient coastal logistics and accelerate India’s maritime transformation.

The move supports growing logistics demand, driven by India’s rapid economic expansion.

The investment will help IKEA manage capacity, optimise resources, and execute last-mile deliveries more effectively.

The facility will offer end-to-end logistics for e-commerce, FMCG, auto, and retail, covering all transport modes.

The platform has onboarded eKart, Delhivery, and Om Logistics and integrates with the government-backed ULIP.

iTopaz is designed to improve operational scalability and resilience while delivering a seamless user experience.