Krystal Gets Rs 31.55 Crore Contract From MMMOCL

Mumbai, 11 July 2025: Krystal Integrated Services Ltd (BSE: 544149) has secured a ₹31.55 crore contract from Maha Mumbai Metro Operation Corporation Ltd (MMMOCL) for the deployment of attendant manpower across multiple metro corridors in Mumbai. This strategic win significantly strengthens Krystal’s presence in the city’s rapidly expanding urban transit ecosystem.

Shares of Krystal Integrated Services Ltd reacted mildly to the ₹31.55 crore Mumbai Metro contract news, slipping by ₹4.80 or 0.72% to ₹666.00 as of 2:25 PM IST. The stock opened at ₹680.00 and touched an intraday high of ₹688.10 before dipping to a low of ₹655.00. Despite the new order announcement, the subdued movement indicates cautious investor sentiment, possibly influenced by broader market conditions or profit booking near recent highs. Trading volume stood at 20,610 shares.

Mumbai Metro Project Adds to Krystal’s Growing Infrastructure Portfolio

The newly awarded three-year contract covers manpower services for metro stations on Lines 2A, 2B, 7, 9, and upcoming metro lines managed by MMMOCL. This marks a pivotal development in Krystal’s efforts to scale its urban services capabilities.

Leadership Reaffirms Commitment to Public Service Projects

Commenting on the development, Sanjay Dighe, CEO and Whole-time Director of Krystal, stated, “The metro project is a matter of prestige for us and a testament to Krystal’s pool of professionals skilled at managing large-scale infrastructure and public service projects.”

This contract follows Krystal’s earlier success in securing a two-year housekeeping contract for train and depot maintenance on Lines 2A and 7. The back-to-back wins position the company as a key partner in metro operations.

Strategic Focus on Urban Public Infrastructure Drives Business Momentum

Krystal’s expanding involvement in government infrastructure services reflects its strategic intent to deepen its capabilities across essential urban functions. The company continues to grow its offerings in multiple domains, each aligned with the evolving needs of public and private clients.

Core Focus Areas:

• Facility Management (hospitals, schools, airports, railways, metro)
• Staffing & Payroll Solutions
• Security & Guarding Services
• Catering and Waste Management (solid and liquid)
• Operations & Maintenance (O&M)

This diversified approach allows Krystal to provide integrated solutions to complex infrastructure ecosystems, particularly in high-density urban environments like Mumbai.

Krystal’s Operational Scale Highlights Strong Year-on-Year Growth

Established in 2000 and headquartered in Mumbai, Krystal Integrated Services Ltd has emerged as one of India’s leading facility management firms. Listed on the Bombay Stock Exchange under the ticker 544149, the company has built a strong pan-India presence.

In FY25, Krystal operated at 3,209 sites, serving 461 customers across various sectors. Its consistent growth reflects both strategic execution and rising demand for high-quality infrastructure support services across the country.

With its latest metro contract, Krystal reinforces its role as a trusted player in India’s urban transformation story.

REF: https://nsearchives.nseindia.com/corporate/KISL123_11072025131650_Coveringletter.pdf

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