Quess Corp Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated net profit of ₹2,222.01 million for the fiscal year. In addition to financial performance, the Board declared a special interim dividend of ₹3 per share and recommended a final dividend of ₹3 per share. Furthermore, the company announced the appointment of Anish Thurthi as an Additional Director.
Financial Performance Overview
For the financial year ended March 31, 2026, Quess Corp recorded consolidated revenue from operations of ₹1,53,051.87 million, compared to ₹1,49,671.99 million in the previous year. The company’s net profit stood at ₹2,222.01 million for the full year. The Board of Directors noted that the statutory auditors have issued an audit report with a modified opinion regarding tax deduction claims that remain subject to ongoing litigation.
Dividend Recommendations
To celebrate the company’s 10th year of listing, the Board declared a special interim dividend of ₹3 per equity share (30% of the face value). Shareholders eligible as of the record date of May 8, 2026, will receive this payout on or before May 21, 2026. Additionally, the Board has recommended a final dividend of ₹3 per equity share for the fiscal year, subject to approval at the 19th Annual General Meeting.
Leadership Transitions
The company announced key changes to its Board of Directors. Mr. Anish Thurthi has been appointed as an Additional Director (Non-Executive, Non-Independent), effective June 1, 2026. Mr. Thurthi brings over 20 years of experience in investment management and M&A. Simultaneously, Mr. Chandran Ratnaswami has resigned from his position as Non-Executive Director, effective the close of business hours on May 31, 2026, to make space for younger leadership.
Operational Updates
Quess Corp is transitioning its Registrar and Share Transfer Agent (RTA) services. The company has appointed KFin Technologies Limited to replace the current RTA, MUFG Intime India Private Limited. The transition process, including data migration and connectivity updates, is currently underway, and the effective date will be communicated shortly.
Source: BSE