Quess Corp has announced its financial results for the quarter and year ended March 31, 2026. The Board of Directors declared a special interim dividend of ₹3 per share to celebrate the company’s 10-year listing anniversary. Additionally, the company recommended a final dividend of ₹3 per share and announced leadership changes, including the appointment of Mr. Anish Thurthi as an Additional Director and the resignation of Mr. Chandran Ratnaswami.
Annual Financial Performance
For the financial year ended March 31, 2026, Quess Corp reported a total income of ₹1,53,216.81 million on a consolidated basis, compared to ₹1,49,908.18 million in the previous year. The company’s net profit for the year stood at ₹2,222.01 million, showing significant growth from the ₹458.89 million recorded in the prior year. The auditors have issued a qualified opinion regarding pending income tax disputes related to tax deductions claimed under Section 80JJAA.
Dividend Declarations
In commemoration of 10 years since its public listing, the Board has declared a special interim dividend of ₹3 per equity share (30% of the face value of ₹10). The record date for this special dividend is set for Friday, May 8, 2026, with payment scheduled on or before May 21, 2026. Furthermore, the Board recommended a final dividend of ₹3 per equity share, subject to approval by shareholders at the upcoming 19th Annual General Meeting.
Leadership Transitions
The company announced key changes to its Board of Directors. Mr. Anish Thurthi will join the Board as an Additional Director (Non-Executive, Non-Independent) effective June 1, 2026. Bringing over 20 years of experience in investment management and M&A, his appointment aims to strengthen the company’s strategic financial planning. Concurrently, Mr. Chandran Ratnaswami has resigned as a Non-Executive Director, effective May 31, 2026, citing his advancing age.
Operational Updates
Quess Corp is transitioning its Registrar and Share Transfer Agent (RTA) services. KFin Technologies Limited has been appointed as the new RTA, replacing the outgoing provider, MUFG Intime India Private Limited. The company noted that the migration process and data transition are currently underway, with the effective date of this change to be communicated in due course.
Source: BSE
