Quess Corp Limited has informed the Exchange about Registrar & Share Transfer Agent Update
QUESS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Quess Corp reported audited consolidated FY2026 results with revenue of Rs. 1,53,052 million (up 2.3% YoY) and profit after tax of Rs. 2,222 million, a dramatic jump from Rs. 459 million in FY2025, driven by exceptional items in the prior year. The company's auditor Deloitte issued a qualified opinion due to disputed tax deductions under Section 80JJAA and goodwill depreciation disallowances totaling Rs. 3,880 million in contingent liabilities. The Board declared a special interim dividend of Rs. 3 per share (30%) to mark 10 years of listing, plus recommended a final dividend of Rs. 3 per share. Mr. Anish Thurthi was appointed as Non-Executive Director while Mr. Chandran Ratnaswami resigned. The company also changed its Registrar & Share Transfer Agent from MUFG Intime to KFin Technologies Limited.
The strong PAT recovery and shareholder-friendly dividends are positives, but the qualified audit opinion and Rs. 3,880 million tax dispute create uncertainty around potential cash outflows. Investors should monitor the outcome of the Income Tax disputes and PF litigation.