Quess Corp’s Q2 profit rises 44.21% to 74.66 crore rupees
Key Facts
Quess Corp reported consolidated net profit of 74.66 crore rupees in the September 2026 quarter, up 44.21% year on year, according to a PTI report published by Rediff Moneynews on October 30. Net profit was 51.77 crore rupees in the year-earlier period. Revenue from operations rose 14.74% to 4,396.48 crore rupees, compared with 3,831.60 crore a year earlier. The figures put revenue growth below profit growth for the quarter. The company also expanded its workforce, with its total headcount surpassing 500,000.
Management said the workforce exceeded 500,000 during the quarter, driven largely by the addition of more than 20,000 workers in general staffing. The disclosure identifies the direct source of the workforce expansion during the quarter, without attributing the full increase in profit or revenue to that segment alone. The additions figure indicates that general staffing was the largest driver of the company’s headcount growth during the period. First-quarter fiscal 2027 results showed revenue of 4,182 crore rupees and net profit of 82 crore, with profit up 61% year on year. Compared with that quarter, September-quarter revenue rose to 4,396.48 crore rupees, while net profit was 74.66 crore.
In its first-quarter results statement, the company said general staffing growth was led by the retail, telecom and manufacturing sectors. It also said it was strategically focused on higher-margin initiatives and AI-enabled transformation, directing new projects toward skill-based, margin-enhancing initiatives. This places the expansion in general staffing in the context of the company’s shift toward skills-focused activities and productivity improvement. However, the second-quarter figures in the report do not break out each sector’s contribution to revenue or net profit. In fiscal 2026 results, fourth-quarter revenue was 3,892 crore rupees, up 6% year on year, while EBITDA reached 86 crore rupees, up 28% year on year.
On dividends, the company’s record for fiscal 2025-26 shows an ordinary interim dividend of 5 rupees per share, alongside a special interim dividend of 3 rupees and a final dividend of 3 rupees. The dividend record provides context on the company’s past policy, but does not by itself establish details of a distribution for the current quarter. The information available here did not include a record date or payment date for a new dividend linked to the September 2026 quarter. Quess is scheduled to hold an analyst and investor meeting to discuss its second-quarter results on November 2, 2026, at 11:00 a.m. India time. The upcoming meeting will give management an opportunity to present details of the results to investors and analysts.