Quess Corp Posts ₹75 Crore PAT In Q2 FY27, Up 44% YoY; Crosses 500k Headcount Milestone
· Free Press Journal
Mumbai: Quess Corp Limited on Monday reported its profit after tax (PAT) for the second quarter of financial year 2027 surged by 44% year-on-year to ₹75 crore. The company's board also approved an interim dividend of ₹5 per share.
Financial Performance
The company's total revenue for Q2 FY27 stood at ₹4,396 crore, marking a 15% increase year-on-year. Adjusted EBITDA rose by 20% to ₹92 crore, with an adjusted EBITDA margin of 2.1%.
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For the first half of FY27, Quess Corp reported total revenue of ₹8,578 crore, up 15% year-on-year. PAT for H1 FY27 increased by 53% to ₹157 crore, with earnings per share (EPS) at ₹10.4.
Headcount Milestone
Quess Corp's headcount crossed 500k in Q2 FY27, reaching 504k employees. The general staffing business added over 20k headcount and secured 116 new contracts, with revenue of ₹3,823 crore and EBITDA of ₹57 crore.
Segmental Growth
Professional staffing recorded 13% year-on-year revenue growth, supported by global capability centres (GCCs) which contributed 71% to headcount and revenue. The segment added 27 new contracts.
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The overseas business achieved 10% year-on-year revenue growth and 23% year-on-year EBITDA growth, adding 33 new contracts. Malaysia reported 50% year-on-year revenue growth, while the Philippines saw a 15% year-on-year revenue growth with a 10.5% net margin.
Management Commentary
Lohit Bhatia, ED & Group CEO, Quess Corp, said the company reported a good result for Q2, with revenue growing by 15% year-on-year and adjusted EBITDA rising by 20% year-on-year. He added that the company's headcount crossed 500k, driven by additions in general staffing.
Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.