Krystal Integrated Services Ltd awarded ₹25 Crore Annual Contract for Staffing and Payroll Management Services

Krystal Integrated Services Limited ("the Company") is pleased to announce that it has secured a work order from the Directorate of Medical Education and Research, Maharashtra. The contract, received on October 10, 2024, entails the provision of Staffing and Payroll Management Services for skilled, semi-skilled, and unskilled personnel at multiple medical institutions. The annual contract value is approximately ₹25 Crores, with a 5-year duration.

Key Details of the Contract:

- Entity Awarding the Contract: Directorate of Medical Education and Research, Maharashtra.

- Nature of Services: Staffing and Payroll Management (skilled, semi-skilled, and unskilled category staff).

- Duration of Contract: 5 years.

- Approximate Annual Value: ₹25 Crore.

Krystal will provide staffing solutions for multiple medical colleges and hospitals across Maharashtra, ensuring seamless management of skilled and unskilled personnel across these critical institutions.

Shubham Prasad Lad, Whole-time Director of Krystal Integrated Services Limited, commented: "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."

This contract reinforces Krystal's strength in human resource management services and highlights its capability to manage large-scale, multi-year engagements, supporting the company's growth strategy.

Shares of Krystal Integrated Services Limited was last trading in BSE at Rs. 751.90 as compared to the previous close of Rs. 737.10. The total number of shares traded during the day was 5039 in over 560 trades.

The stock hit an intraday high of Rs. 758.40 and intraday low of 742.10. The net turnover during the day was Rs. 3781749.00.

Source : Equity Bulls

Keywords

KrystalIntegratedServices INE0QN801017 DiversifiedCommercialServices OrderWin