Krystal Integrated Services Ltd Share Price – NSE  / BSE

Miscellaneous, Small Cap

The contract involves comprehensive manpower services for BMC’s Education and Security Departments, aimed at enhancing the operational efficiency of Mumbai’s public services.

The total value of the contract is Rs 106.3 crore, and it will be executed over a period of 3 years.

Krystal Integrated Services is mainly in the business of Providing Facilities Management Services, Security Agency Services, Housekeeping Services, etc.

The company’s consolidated net profit jumped 27.4% to Rs 10.59 crore on a 13.5% rise in net sales to Rs 266.16 crore in Q2 FY25 over Q2 FY24.

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Net profit of Krystal Integrated Services rose 27.44% to Rs 10.59 crore in the quarter ended September 2024 as against Rs 8.31 crore during the previous quarter ended September 2023. Sales rose 13.49% to Rs 266.16 crore in the quarter ended September 2024 as against Rs 234.52 crore during the previous quarter ended September 2023.

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Krystal Integrated Services will hold a meeting of the Board of Directors of the Company on 23 October 2024.

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The company has secured a contract for providing facility management services. The contract carries the estimated annual value of Rs 55 crore and covers multiple medical colleges and hospitals across the state.

The company has secured a second contract to provide staffing and payroll management services for skilled, semi-skilled, and unskilled personnel at multiple medical institutions. The annual contract value is approximately Rs 25 crore, with a 5-year duration.

Shubham Prasad Lad, whole-time director of Krystal Integrated Services, said, “We are delighted to partner with the Directorate of Medical Education and Research, Maharashtra. This contract allows us to expand our footprint in the facility management services industry, contributing to the efficiency and upkeep of critical healthcare infrastructure.

We are honoured to have been selected by the Directorate of Medical Education and Research for this important contract. By ensuring the timely and effective deployment of staff, we will contribute to the smooth functioning of medical facilities across the state, delivering quality services that align with our standards of excellence.”

Krystal Integrated Services is mainly in the business of Providing Facilities Management Services, Security Agency Services, Housekeeping Services, etc.

The company’s consolidated net profit jumped 75.7% to Rs 15.30 crore on 18.5% increase in net sales to Rs 257.15 crore in Q1 FY25 over Q1 FY24.

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