Krystal Integrated Services Limited delivers strong Financial Results for the Financial Year
Krystal Integrated Services Limited (KISL), a market leader in facility management services across India, is pleased to announce its audited financial performance for the fourth quarter and financial year ended March 31, 2024.
City Air News
May 27, 2024 08:19
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Mumbai, May 27, 2024: Krystal Integrated Services Limited (KISL), a market leader in facility management services across India, is pleased to announce its audited financial performance for the fourth quarter and financial year ended March 31, 2024.
Commenting on the performance, Sanjay Dighe, CEO & Whole Time Director, Krystal Integrated Services Ltd, said, “I am pleased to share that the company has performed better than expectations, closing the fiscal year on a strong note. In FY24, our top line has grown 45.1% year-on-year to Rs. 1,026.8 crore, crossing the Rs. 1,000 crore mark for the first time. EBITDA and PAT increased 37.8% and 45.2% to Rs. 68.7 crore and Rs. 49.0 crore, respectively.
The growth mainly came from a robust increase in our order book as we continued to secure new contracts. We are strategically diversifying our business by expanding our corporate partnerships to reduce our reliance on government contracts. Concurrently, we are broadening our service offerings to include a more comprehensive portfolio.
Overall, we have entered the new fiscal year on an optimistic note and aim to sustain this momentum in the coming quarters. I would like to thank the entire team at Krystal and all our stakeholders for their continued support."
