Quess Corp Limited has announced its first-quarter results for FY27, reporting a 15% year-on-year increase in consolidated revenue, reaching ₹4,182 crore. The company also saw a significant 61% rise in Profit After Tax (PAT) to ₹82 crore, with Earnings Per Share (EPS) growing to ₹5.5. This performance reflects broad-based growth across its core segments and improved profitability.
Quess Corp Reports Strong Q1 FY27 Performance
Quess Corp Limited has released its financial results for the first quarter of FY27, showcasing robust growth and enhanced profitability. The company achieved a consolidated revenue of ₹4,182 crore, marking a 15% increase year-on-year and a 7% growth quarter-on-quarter. The EBITDA for the quarter stood at ₹85 crore, reflecting a 21% year-on-year growth with a margin of 2.02%. Profit After Tax (PAT) surged by 61% year-on-year to ₹82 crore, while Earnings Per Share (EPS) also grew by 61% year-on-year to ₹5.5.
Key Financial Highlights
The company highlighted that a one-time revenue impact of ₹176 crore was noted due to the implementation of the new Labor Code. Quess Corp also received income tax refunds amounting to ₹261 crore, which boosted other income. The company maintained its zero-debt status as of June 2026, with a healthy net cash position. A final dividend of ₹3 per share for the last financial year is proposed, subject to AGM approval.
Segmental Performance
All three core segments of Quess Corp delivered double-digit revenue growth year-on-year. The General Staffing business reported revenue of ₹3,596 crore, up 15% YoY, with EBITDA at ₹51 crore. The Professional Staffing segment saw revenue of ₹252 crore, up 3% YoY, and EBITDA of ₹28 crore with a margin of 11%. The Overseas business generated revenue of ₹333 crore, up 17% YoY, with EBITDA of ₹21 crore and margins at 6.2%.
Future Outlook and Strategy
Quess Corp is focusing on its Quess 2.0 strategy to build higher margin, dollar-linked revenue. The company anticipates 20% to 25% of revenues to come from higher-margin businesses over the next three to four years. Initiatives include strengthening its digital platforms and expanding its talent corridors across segments like Healthcare, Technology, MEP and Civil, Hospitality and Allied, and Finance and Professional.
Source: BSE
