Quess Corp Limited announced its financial performance for the quarter and fiscal year ended March 31, 2026, reporting a consolidated net profit of ₹2,222.01 million for the full year. To commemorate a decade of listing, the company declared a special interim dividend of ₹3 per equity share, alongside a recommended final dividend of ₹3 per share. Additionally, the company announced board changes, appointing Anish Thurthi as an Additional Director, following the resignation of Chandran Ratnaswami.
Financial Performance Overview
For the financial year ended March 31, 2026, Quess Corp recorded a consolidated revenue of ₹1,53,051.87 million. The company achieved a full-year net profit of ₹2,222.01 million. During the March quarter (Q4), the company reported revenue of ₹38,924.53 million and a net profit of ₹643.49 million. The statutory auditors have issued audit reports with a modified opinion regarding ongoing tax deduction disputes under Section 80JJAA, for which the company maintains a robust legal defense.
Dividend Declarations
To mark 10 years since its listing, the Board has declared a special interim dividend of ₹3 per equity share (30% of face value). The record date for this special dividend is May 8, 2026, with payment scheduled by May 21, 2026. Furthermore, the company has recommended a final dividend of ₹3 per equity share for the fiscal year, subject to shareholder approval at the upcoming 19th Annual General Meeting.
Strategic Leadership Changes
The company announced a transition in its Board composition. 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 extensive experience in investment management and corporate finance. Concurrently, Mr. Chandran Ratnaswami will step down as a Non-Executive Director effective May 31, 2026, citing his advancing age.
Operational Updates
As part of its operational streamlining, Quess Corp is transitioning its Registrar and Share Transfer Agent (RTA) services. KFin Technologies Limited (KFintech) will replace MUFG Intime India Private Limited as the company’s RTA. The transition process, including data migration and connectivity updates, is currently underway, and the effective date for this change will be communicated in due course.
Source: BSE
