Krystal Integrated Services Limited reported a consolidated net profit of ₹173.62 million for the quarter ended June 30, 2026, marking a 6.30% increase from ₹163.33 million in Q1FY26. Consolidated revenue from operations grew 11.65% year-on-year to ₹3,607.10 million, driven by strong performance in its corporate and infrastructure segments. EBITDA rose 6.76% to ₹227.97 million from ₹213.53 million, though the EBITDA margin contracted by 29 basis points to 6.32% from 6.61%. The results were approved by the Board on August 4, 2026, and subjected to limited review by statutory auditors Maheshwari & Co.

The Board fixed September 11, 2026, as the record date for determining members eligible for the proposed final dividend for the financial year ended March 31, 2026, subject to approval at the ensuing Annual General Meeting (AGM). The 25th AGM is scheduled for September 22, 2026, via video conferencing, with e-voting eligibility cut-off on September 15, 2026. CS Kajal Jakharia was appointed as the scrutinizer for the remote e-voting process.

Financial Performance

Consolidated operating profit before tax stood at ₹206.87 million, compared to ₹191.79 million in the corresponding quarter of the previous year. Basic earnings per share (EPS) were ₹12.46, up from ₹11.76 in Q1FY26. Standalone net profit was ₹165.49 million, rising from ₹136.48 million in Q1FY26. Standalone revenue from operations increased to ₹3,187.84 million from ₹2,847.18 million year-on-year. The following table summarizes the key financial metrics for the quarter:

Segment Highlights

The Manpower & Related Services segment remained the primary revenue driver, contributing ₹3,299.36 million to consolidated revenue, up from ₹2,879.74 million in Q1FY26. The segment's profit before tax rose to ₹188.58 million from ₹171.99 million. Information Technology Enabled Services revenue declined slightly to ₹5.03 million from ₹20.66 million, while Catering and Related Services revenue stood at ₹303.83 million compared to ₹331.73 million in Q1FY26.

Corporate Developments

The Board appointed Mr. Naveen Kumar Amar as Joint Chief Financial Officer and designated him as a Senior Management Personnel with effect from August 5, 2026. Mr. Amar brings over 28 years of experience in finance and corporate governance. Additionally, the Board approved amendments to its Code of Fair Disclosure and Insider Trading policies pursuant to Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company also terminated its existing agreement with Adfactors PR Private Limited effective August 24, 2026, and executed a fresh agreement starting September 1, 2026, for investor relations services.

What the Numbers Show

While absolute EBITDA improved to ₹227.97 million from ₹213.53 million year-on-year, the EBITDA margin contraction from 6.61% to 6.32% indicates that revenue growth has outpaced operating profit expansion, pointing to rising input or operational costs. The divergence between consolidated and standalone profitability further highlights the impact of subsidiary performance, with standalone net profit surging 21.2% year-on-year compared to consolidated net profit growth of 6.30%. The acquisition of Citelum India Private Limited on June 29, 2026, had no financial impact on the quarter due to the lack of business transactions post-acquisition.

Krystal Integrated Services reported a consolidated net profit of ₹177.63 million for the quarter ended June 30, 2026 (Q1FY26), rising from ₹150.89 million in Q1FY25. Revenue from operations increased to ₹3,607.10 million, compared to ₹3,230.81 million in the prior year period. The growth was driven by its Manpower & Related Services segment, which contributed ₹3,299.36 million to revenue and ₹188.58 million to segment profit before tax. The company’s Board of Directors also approved the final dividend for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting.

The unaudited financial results were reviewed by Maheshwari & Co., the statutory auditors, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting held on August 4, 2026, also saw the appointment of Naveen Kumar Amar as Joint Chief Financial Officer and Senior Management Personnel, effective August 5, 2026. Additionally, the Board approved amendments to the Code of Fair Disclosure and Internal Procedures for Regulating, Monitoring and Reporting of Trading by Insiders, pursuant to Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Key Financial Metrics

Note: All figures are consolidated. EPS is not annualized.

Segment Performance

The Manpower & Related Services segment remained the primary revenue driver, accounting for ₹3,299.36 million of total revenue. Information Technology Enabled Services contributed ₹303.83 million, while Catering and Related Services added ₹5.03 million. Adjustments and eliminations reduced total revenue by ₹1.12 million. Segment profit before tax totaled ₹206.87 million, with Manpower services contributing ₹188.58 million.

Corporate Developments

The company fixed September 11, 2026, as the record date for determining members eligible for the proposed final dividend for FY26. The 25th Annual General Meeting will be held on September 22, 2026, via Video Conferencing. The cut-off date for e-voting eligibility is September 15, 2026. CS Kajal Jakharia has been appointed as the scrutinizer for the remote e-voting process.

Furthermore, the Board terminated the existing agreement with Adfactors PR Private Limited effective August 24, 2026, and executed a fresh agreement for investor relations and public relations advisory services starting September 1, 2026. The company disclosed that it has fully utilized the net proceeds from its Initial Public Offering towards the stated objects, with ₹193.20 million utilized out of an estimated ₹199.47 million earmarked for issue-related expenses. A balance of ₹6.27 million remains unutilized in the public offer account.