Quess Corp Reports 2% Profit Growth, Record EBITDA on Strong Quarterly Performance

Quess Corp has reported its financial results for the recent quarter, posting a Profit After Tax (PAT) of ₹52 crore, which signifies a 2% increase compared to the same period last year. The company's revenue for the quarter rose by 3% year-on-year to ₹3,832 crore.

A significant highlight was the achievement of the highest ever EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of ₹77 crore, an 11% rise from the previous year. The operating EBITDA margin also saw an improvement, reaching 2%, up by 13 basis points year-on-year, indicating better operational efficiency.

For the first half of the fiscal year 2026 (FY26), the company reported a PAT of ₹103 crore, a 3% year-on-year growth, and revenues of ₹7,483 crore, also up 3% year-on-year.

During the quarter, Quess Corp added a net of 21,000 associates. The overall headcount stood at 4,83,115, which showed a 5% dip from a previous figure. The company secured 72 new contracts for general staffing and 18 contracts for professional staffing.

Growth was primarily driven by the General Staffing segment. The Professional Staffing business, notably IT staffing in the GCC segment, demonstrated strong year-on-year growth across revenue, EBITDA, and operational EBITDA margin.

Quess Corp anticipates positive momentum in the upcoming third quarter (Q3) due to new reforms, expecting them to support growth over the next two quarters.

Impact This news is positive for Quess Corp investors, signaling operational strength, improved profitability, and a favorable outlook. The company's ability to achieve record EBITDA and secure new contracts suggests potential for continued growth and enhanced investor confidence. Rating: 7/10.

Difficult Terms: PAT (Profit After Tax): The net profit remaining after all expenses, interest, and taxes have been deducted from total revenue. Y-o-y (Year-on-Year): A comparison of financial data from a specific period (e.g., a quarter) with the same period in the previous year. EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization; a measure of a company's operating performance before accounting for financing and accounting decisions. Operating EBITDA Margin: The ratio of operating EBITDA to revenue, indicating profitability from core business operations. Basis Points: A unit of measure in finance, where one basis point is equal to 0.01% (1/100th of a percent). GCC: Gulf Cooperation Council, an alliance of Arab states in the Persian Gulf. Headcount: The total number of employees working for a company.