Quess Corp has officially received an income tax refund totaling Rs 155.11 crore for the Financial Year 2024-25. The refund amount includes a base tax refund of Rs 145.65 crore supplemented by an interest payment of Rs 9.46 crore. The company confirmed that this receipt has no impact on its operational, financial, or other business activities.
Details of the Tax Refund
On April 27, 2026, Quess Corp announced the successful receipt of an assessment order from the Centralized Processing Centre of the Income Tax Department, Bengaluru. This order pertains to the 2024-25 financial year and resulted in a total refund of Rs 155.11 crore being credited to the company.
Breakdown of Financials
The total refund amount is comprised of two distinct components:
- Tax Refund: Rs 145.65 crore
- Interest Amount: Rs 9.46 crore
Business Impact
Quess Corp has clarified that the processing of this refund is a routine administrative matter. The company stated that the receipt of these funds results in no material impact on its overall financial position, ongoing operations, or strategic activities. The company continues to maintain its standard business operations as planned.
Source: BSE
