Quess Corp Limited announced that its Board of Directors has approved the Unaudited Financial Results for the quarter ended June 30, 2026. The results, which include both standalone and consolidated figures, were reviewed by statutory auditors. The meeting commenced on July 29, 2026, at 06:00 PM IST and concluded at 07:30 PM IST. The approved financial statements and the limited review report are now available.
Quess Corp Board Approves Q1 FY2027 Financials
Quess Corp Limited has officially announced the outcome of its Board of Directors meeting held on July 29, 2026. During this meeting, the Board comprehensively considered and approved the Unaudited Financial Results for the first quarter of the financial year 2027, which concluded on June 30, 2026. These results encompass both standalone and consolidated financial statements of the company.
Auditor Review and Disclosure
The Unaudited Financial Results, along with the Limited Review Report issued by the company’s statutory auditors, have been formally approved. This approval is in line with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. A copy of these approved financial results and the accompanying review report is being provided herewith. Furthermore, the detailed financial information will also be accessible on the company’s official website, www.quesscorp.com.
Meeting Details
The Board Meeting commenced promptly at 06:00 P.M. (IST) and concluded at 07:30 P.M. (IST) on July 29, 2026. The company expressed its gratitude for the record of this information.
Key Financial Highlights (Consolidated)
For the quarter ended June 30, 2026, Quess Corp Limited reported consolidated total income of ₹42,072.32 million. Total expenses amounted to ₹41,213.49 million, resulting in a profit before tax of ₹858.83 million. After accounting for tax expenses and other comprehensive income, the profit attributable to the owners of the company stood at ₹818.99 million, and total comprehensive income was ₹721.32 million.
Key Financial Highlights (Standalone)
On a standalone basis for the quarter ended June 30, 2026, Quess Corp Limited’s total income was ₹38,869.32 million, with total expenses at ₹38,054.04 million. This led to a profit before tax of ₹815.28 million. After tax, the profit for the period stood at ₹786.76 million, with total comprehensive income at ₹720.70 million.
Auditor’s Review Conclusion
Deloitte Haskins & Sells LLP, the independent auditor, has issued a review report on the consolidated and standalone financial results. They noted a qualified conclusion primarily due to certain tax deductions claimed by the Parent and recognized in the computation of income tax expense. These deductions have been disallowed by the Income Tax Authority and are currently under challenge in judicial forums. While the company, based on external legal opinions, believes these deductions are probable of acceptance, the auditors cannot fully comment on necessary adjustments due to this uncertainty. The auditor’s conclusion is not modified, however, regarding other matters including the impact of new labour codes and the incorporation of the Quess Corp Limited Employees Welfare Trust.
Source: BSE
