According to an exchange filing, the certificate of authorization, issued on 3 July 2025, allows TZF Logistics Solutions to issue prepaid payment instruments under the Payment and Settlement Systems Act, 2007, and related RBI circulars.
The company stated that the license will help TZF Logistics Solutions to set up and operate a payment system for prepaid payment instruments.
Zinka Logistics Solution offers a digital platform, the BlackBuck app, for truck operators. Truck operators use the BlackBuck app for their diverse business needs. It offers payments, telematics, a freight marketplace, and vehicle financing services to help truck operators manage their business and grow their income.
The company reported a consolidated net profit of Rs 280.17 crore in Q4 FY25 as against a net loss of Rs 90.75 crore in Q4 FY24. Revenue from operations jumped 30.7% YoY to Rs 121.81 crore in the quarter ended 31 March 2025.