ALPHA TRIBE

Krystal Integrated Services LimitedUpdates, 03-02-2025: Press Release

03-02-2025 | 02:17 pm

Krystal Integrated Services Limited has received a credit rating upgrade from CRISIL, enhancing its long-term rating to A-/Stable from BBB+/Positive, and its short-term rating to A2+ from A2. This upgrade highlights the company's robust financial health and operational excellence, as well as its sustained growth. The total bank facilities rated increased from ₹188 crores to ₹288 crores, indicating an expanding financial footprint and supporting ongoing expansion plans. CEO Sanjay Dighe emphasized that the upgrade and increased credit availability will support strategic growth initiatives, particularly in waste management and technical facility management. With its well-established reputation, Krystal continues to broaden its operations across key infrastructure sectors in India, showcasing a positive outlook for future growth.

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