Quess Corp Appoints Lohit Bhatia as New Chief Executive Officer

Staffing solutions major Quess Corp has announced a significant leadership transition, naming Lohit Bhatia as its new Chief Executive Officer (CEO) and Key Managerial Personnel (KMP). This pivotal appointment is set to take effect from January 1, 2026, marking a new chapter for the company.

Background Details

Lohit Bhatia, who currently serves as President for India and Global Operations, has been a key figure in Quess Corp's growth trajectory. With over 28 years of extensive experience across diverse sectors including Textiles, Auto Components, and Services, Bhatia possesses deep expertise in sales, business development, and large-scale manpower outsourcing.

He joined Quess Corp in 2011 and has steadily climbed the ranks, demonstrating remarkable leadership capabilities. His journey from General Manager, Sales (Staffing) to leading India & Global Operations showcases his commitment and strategic acumen.

Key Numbers or Data

Under Bhatia's leadership, the Staffing business at Quess Corp has seen phenomenal growth, expanding from approximately 13,000 associates to over 480,000 associates. He has been instrumental in driving double-digit margins within the Professional Staffing teams and has successfully built a business with a run-rate of ₹100 crore in Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA). Furthermore, his strategic vision for international expansion through Mergers & Acquisitions (M&A) in regions like the Middle East, Singapore, and Sri Lanka has paid dividends, with these markets now contributing nearly 20 per cent of the company’s total EBITDA.

Reactions or Official Statements

Guruprasad Srinivasan, Executive Director at Quess Corp, expressed confidence in the new CEO, stating, “Lohit has been driving Quess’s growth journey to scale to over 4.8 lakh associates and shaping our leadership position in India’s staffing industry.”

Lohit Bhatia, in his statement, highlighted the opportune moment for Quess, saying, “With India’s new labour codes accelerating formalisation, Quess stands at a powerful inflection point in its journey towards global leadership. I am honoured to take on the role of CEO at this moment of national and organisational transformation.” The announcement was made on December 5, 2025.

Importance of the Event

This leadership change is crucial for Quess Corp as it aims to leverage the evolving economic landscape in India. Bhatia's extensive experience in scaling operations and international markets positions the company well for future growth and global competitiveness.

Future Expectations

Investors will be keenly watching how Bhatia capitalises on the opportunities presented by India's formalisation drive and new labour codes to propel Quess Corp towards its global leadership aspirations.

Stock Price Movement

No specific stock price movement data related to this announcement was provided in the source text.

Impact

This news primarily impacts Quess Corp's strategic direction and investor sentiment. It could lead to renewed focus on operational efficiency, international expansion, and market consolidation. The impact rating reflects a significant but specific company-level change.

• Impact Rating: 6/10

Difficult Terms Explained

• CEO (Chief Executive Officer): The highest-ranking executive in a company, responsible for overall management and operations.
• KMP (Key Managerial Personnel): Senior executives who play a crucial role in the management of a company, often including CEO, CFO, Company Secretary.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation): A measure of a company's operating performance, showing profitability before accounting for financing, tax, and non-cash depreciation/amortisation costs.
• M&A (Mergers & Acquisitions): The process of combining companies (merger) or one company taking over another (acquisition) to grow or gain market share.
• Formalisation: The process of bringing informal economic activities and employment into the formal sector, making them subject to regulations and taxes.
• Labour Codes: A set of laws enacted by the Indian government to simplify and consolidate existing labour laws, aiming to improve ease of doing business and worker welfare.