Krystal Integrated Services bags Rs 800 million contract from Maharashtra govt

Krystal Integrated Services Limited, a leading provider of integrated facility management solutions, has secured two government contracts with the Directorate of Medical Education and Research, Maharashtra. These contracts are valued at approximately Rs 800 million annually.  

The first contract, with an annual value of Rs 550 million, entrusts Krystal with comprehensive facility management services for a duration of three years. This involves a wide array of responsibilities from maintenance to security services, ensuring operational efficiency and compliance with health standards across multiple institutions. 

The second contract, valued at Rs 250 million annually for five years, expands Krystal's role to include staffing and payroll management. This encompasses a broad spectrum of personnel categories, further solidifying Krystal's footprint in essential public sector operations.

Recently, Krystal Integrated Services was awarded a Rs 714 million contract by the Thane Municipal Corporation. This contract, to provide waste management services in the Mumbra region, will continue through July 2026, with annual renewal options, underscoring a significant expansion into sustainable services.

Meanwhile, Benchmark BSE Sensex jumped nearly 592 points while Nifty reclaimed the 25,000 level on Monday following gains in IT and banking shares amid a firm trend in global markets.

The 30-share BSE Sensex jumped 591.69 points or 0.73 per cent to close at 81,973.05. During the day, it surged 690.81 points or 0.84 per cent to hit a high of 82,072.17.

The NSE Nifty rose 163.70 points or 0.66 per cent to settle at 25,127.95. In the intraday trade, the benchmark indices climbed 195.5 points or 0.78 per cent to 25,159.75.

From the Sensex pack, Tech Mahindra, HDFC Bank, Larsen & Toubro, ITC, Infosys, IndusInd Bank, Kotak Mahindra Bank, Titan and HCL Technologies were among the gainers.

Maruti Suzuki India, Tata Steel, Bajaj Finance, UltraTech Cement, Nestle India, Axis Bank and Tata Consultancy Services (TCS) were among the laggards.

With agency inputs