QUESS CORP LIMITED

Provides staffing and workforce solutions, placing associates on the payrolls of client companies in India and overseas. General Staffing — entry-level and blue-collar associates for Indian businesses — is the dominant segment at 86.1% of FY26 segment revenue, or INR 13,176 crore. Professional Staffing places higher-experience contract hires, primarily for Global Capability Centres (GCCs), and generated INR 930 crore at an EBIT margin well above the group average; GCCs account for 71% of headcount in this segment. The Overseas business spans the Middle East, Malaysia, the Philippines and Singapore and brought in INR 1,197 crore at a higher EBIT margin than the group, with the Middle East alone at 11% EBITDA. Digital Platforms is an early-stage venture with INR 2 crore of revenue and an operating loss. Total associate headcount stood at 4,78,594 at FY26-end, with 281 new General Staffing contracts, 61 new Professional Staffing clients and 125 new Overseas logos added during the year. Employee cost is the overwhelming expense at 94.7% of revenue, leaving blended EBITDA margin at 2.1%. The business carries zero gross debt and held net cash of INR 271 crore at FY26-end.