Samyag

Corporate Actions

Back

Krystal Integrated gains as associate bags Rs 138-cr solar contract

24-Apr-26 14:12 Hrs IST

Krystal Integrated Services holds a 49% stake in the associate company.

The contract, valued at around Rs 138 crore, is for design, engineering, supply, installation, testing, commissioning, synchronisation, and 25-year operation & maintenance of grid-connected rooftop solar PV systems across various government hospitals and medical colleges in Maharashtra under the built-own-operate-transfer (BOOT) model.

The company added that the contract was awarded in the ordinary course of business and is not a related party transaction.

KISL is a well-diversified service provider in integrated facility management services, staffing solutions, security services, catering, and waste management across India. The company specializes in sectors such as healthcare, education, city infrastructure, waste management, and the manufacturing segment'including state government entities, corporate clients, municipal bodies, and other government offices'airports, railways, metro infrastructure, and retail.

The company's consolidated net profit jumped 4.95% to Rs 15.89 crore in Q3 FY26 as against Rs 15.14 crore posted in Q3 FY25. Revenue from operations rallied 10.66% to Rs 305.85 crore in Q3 FY26 as against Rs 276.37 crore posted in the corresponding quarter last year.

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.