QUESSBSEQuess Corp LtdHighPositive
Announced Mon, 4 May · 23:20 IST

Board approved the Special Interim Dividend of Rs. 3 per share for FY 2025-26

Corporate Actions View source PDF

QUESS · price

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AI summary

Quess Corp's board declared a special interim dividend of Rs. 3 per share (30% on face value of Rs. 10) to commemorate the 10th anniversary of its IPO listing. The record date is May 8, 2026, and payment will be made by May 21, 2026. This is in addition to the Rs. 5 interim dividend already paid in February 2026 (totaling Rs. 746.02 million) and a recommended final dividend of Rs. 3 per share subject to shareholder approval at the 19th AGM. For FY 2025-26, the company reported consolidated revenue of Rs. 1,53,052 million and net profit of Rs. 2,222 million. The auditors (Deloitte) issued a qualified opinion due to ongoing tax disputes related to Section 80JJAA deductions and PF matters amounting to Rs. 3,879.94 million as contingent liabilities.

Likely market impact

The special dividend signals management confidence and rewards long-term shareholders ahead of the 10-year IPO milestone. Combined with earlier dividends, total FY 2025-26 dividend outflow exceeds Rs. 1,100 million, which could provide near-term positive sentiment despite auditor qualifications.