Quess Corp Limited has informed the Exchange that Record date for the purpose of Special Interim Dividend is 08-May-2026.
QUESS · price
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Quess Corp's board meeting on May 4, 2026 declared a special interim dividend of Rs. 3 per share (30% on Rs. 10 face value) to mark 10 years of listing, with record date May 8, 2026 and payment by May 21, 2026. The company also recommended a final dividend of Rs. 3 per share for FY26, subject to AGM approval. For FY26, consolidated revenue was Rs. 1,53,052 million (up 2.3% YoY) with profit after tax of Rs. 2,222 million (up 384% YoY from Rs. 459 million in FY25). However, auditors issued a qualified opinion due to tax deduction disputes under Section 80JJAA and goodwill depreciation disallowances amounting to Rs. 3,880 million as contingent liabilities. Director changes were also announced with Mr. Anish Thurthi appointed and Mr. Chandran Ratnaswami resigning.
The special dividend is positive for shareholders but the qualified audit opinion on tax disputes and contingent liabilities worth Rs. 3,880 million may raise concerns about potential future tax outflows. Strong profit recovery in FY26 is encouraging.