Quess Corp announced its Q2 FY27 results, reporting a 15% year-over-year revenue increase to ₹4,396 crore. Profit After Tax (PAT) grew by a significant 44% YoY to ₹75 crore. The company also achieved a milestone of crossing 500,000 headcount. The Board approved an interim dividend of ₹5 per share.
Quess Corp Reports Robust Q2 FY27 Financials
Quess Corp, a leader in staffing and workforce solutions, has declared its financial results for the second quarter of Fiscal Year 2027 (Q2 FY27), ending October 30, 2026. The company showcased strong performance with a 15% year-over-year growth in revenue, reaching ₹4,396 crore. Profit After Tax (PAT) saw a substantial increase of 44% YoY, amounting to ₹75 crore. This performance also saw Earnings Per Share (EPS) rise to ₹5.
Key Financial Highlights for Q2 FY27
The company’s Adjusted EBITDA also demonstrated healthy growth, increasing by 20% YoY to ₹92 crore. Quess Corp reported a net cash position of ₹471 crore, supported by its highest ever quarterly cash collection of over ₹5,000 crore. Return on Equity (ROE) improved to 25% from 20% in FY26.
First Half FY27 Performance
For the first half of FY27 (H1 FY27), Quess Corp reported revenue of ₹8,578 crore, a 15% YoY increase. Adjusted EBITDA for H1 FY27 stood at ₹178 crore, up by 22% YoY, with margins expanding by 12 basis points. PAT for the first half grew by 53% YoY to ₹157 crore, and EPS reached ₹10.4.
Headcount Milestone and Dividend Announcement
A significant operational achievement for the quarter was Quess Corp crossing the 500,000 headcount milestone. This expansion was largely driven by additions in the General Staffing business. In line with its commitment to shareholders, the Board of Directors has approved an interim dividend of ₹5 per share.
Segmental Performance
The General Staffing segment reported revenue of ₹3,823 crore with EBITDA of ₹57 crore, adding over 20,000 headcount and 116 new contracts. Professional Staffing saw 13% YoY revenue growth, with GCC contributing significantly to both headcount and revenue. The Overseas Business maintained momentum, delivering 10% YoY revenue growth and 23% YoY EBITDA growth, despite geopolitical challenges in the Middle East.
Strategic Initiatives and Outlook
Quess Corp continues to focus on strategic initiatives, including the implementation of its AI-led sourcing platform to enhance recruitment efficiency and the launch of an associate Query Management System to improve associate experience. These efforts are expected to drive growth, improve margins, and unlock new business opportunities.
Source: BSE
