Quess Corp Limited has informed the Exchange about Transcript
QUESS · price
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Quess Corp reported Q1 FY26 revenue of INR 3,651 crores (up 2% YoY, flat QoQ) with EBITDA of INR 70 crores (up 10% YoY) and margins expanding 7 bps QoQ to 1.9%. Adjusted PAT came in at INR 53 crores with adjusted EPS of INR 3.5, and the company exited the quarter with zero gross debt. Professional Staffing had its best quarter in 15 years with revenue of INR 244 crores (up 31% YoY) and EBITDA margin crossing 10% for the first time, while General Staffing (INR 3,122 crores) showed recovery signs in June with 42,000 open mandates for the festive season. Management launched a new GCC-as-a-Service brand called 'Origint' and integrated Hamara Jobs with ONDC, while net associate additions stood at ~2,000 (total 4,61,531).
The Professional Staffing margin crossing double-digits for the first time signals a meaningful structural improvement in profitability, supported by 73% GCC exposure and a robust pipeline of 1,200 open mandates. With zero debt, strong cash position, and visible demand recovery in General Staffing from June onwards, the stock could see positive sentiment, though top-line growth remains muted awaiting the festive season tailwind.