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All Aboard! Krystal Bags ₹128.4M Ride with Mumbai Monorail

Updated: June 25, 2025 10:53

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Krystal Integrated Services Limited (NSE: KRYT.NS), a manpower solutions and facility management company, has secured a big order from the Maha Mumbai Metro Operation Corporation Limited (MMMOCL). The approximately ₹128.4 million order is for the outsourcing of Customer Support Associates and Supervisors to be placed at Mumbai Monorail stations.

Contract Highlights

Awarding Organization: Maha Mumbai Metro Operation Corporation Limited (MMMOCL)
Work Scope: Provision of expert manpower for customer service and station management
Contract Value: ₹10.38 crore (₹103.8 million) including GST
Tenure: 2 years

Strategic Significance

Extends Krystal's footprint in urban transport infrastructure and public-facing services
Aligns the company's broader strategy to grow in high-stakes infrastructure facility management
Should enhance revenue and brand visibility in Maharashtra state capital region

Market Reaction

Krystal Integrated Services stocks have been strong, buoyed by investors' sentiment on the back of repeated contract awards and industry growth.

Sources: Business Upturn, mKrystal Group, DSIJ

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