| Warehousing and Logistics Services | Third-party logistics, warehousing, carrying & forwarding agent services across industries. | Pan-India office network and diverse industry expertise providing end-to-end solutions. | Mainly B2B clients in consumer goods, auto components, and industrial sectors. | Third-party logistics and warehousing services due to scale and technology integration. | 40 | 47 | Service fees from warehousing contracts and logistics solutions. | Contract-based fees and service charges. | Increasing demand for integrated warehousing and outsourcing logistic needs. | |
| Transportation Services | Road transport using owned and leased vehicle fleet and rail rake handling for bulk goods. | Flexible use of owned and leased fleets plus rail cargo rake handling capability. | B2B clients requiring flexible multi-modal transport solutions. | Owned vehicle fleet operations with optimized route management. | 35 | 41 | Charges for transportation services using own fleet and leased vehicles, plus rake handling fees. | Service-based billing per transportation contract or load. | Fleet expansion with national permits enabling pan-India connectivity. | |
| Business Auxiliary and Rental Income | Auxiliary logistics support services and rental income from company assets. | Supplementary income enhancing revenue diversification and cash flow stability. | Logistics and related businesses requiring supportive services. | Rental income due to fixed asset utilization. | 10 | 12 | Auxiliary service fees and rental income streams. | Recurring and contract-based income models. | Growth in logistics ecosystem increasing demand for support services and rentals. | |
