Financial Performance Summary

Q1 FY27 Key Financial Metrics:

| Metric | Q1 FY27 | Q1 FY26 | YoY Change | Q4 FY26 | QoQ Change |

| Headcount | 482k | 462k | +4.5% | 479k | +0.8% |

| Revenue (₹ Cr) | 4,182 | 3,651 | +15% | 3,892 | +7% |

| EBITDA (₹ Cr) | 85 | 70 | +21% | 86 | -2% |

| EBITDA Margin | 2.0% | 1.9% | +11 bps | 2.2% | -20 bps |

| PAT (₹ Cr) | 82 | 51 | +61% | 64 | +28% |

| PAT Margin | 2.0% | 1.4% | +57 bps | 1.7% | +31 bps |

| EPS (Diluted) (₹) | 5.5 | 3.4 | +61% | 4.3 | +28% |

Segment-wise Performance

General Staffing:

  • Revenue: ₹3,596 crore
  • EBITDA: ₹51 crore
  • Headcount: 469,000 with addition of 3,800+
  • 86 new contracts added during the quarter

Professional Staffing:

  • Delivered 12% YoY EBITDA growth
  • Maintained double-digit margins of approximately 11%
  • GCC share of headcount at 71% and revenue at 68%
  • Added 36 contracts during the quarter

Overseas Business:

  • Added 37 new contracts
  • Achieved double-digit growth in both Revenue and EBITDA
  • Middle East: 12% EBITDA margins, 26% revenue growth, 18% EBITDA growth YoY
  • Singapore: Added 17 new contracts
  • Malaysia: Achieved 56% YoY revenue growth
  • Philippines: Recorded 17% YoY revenue growth

Management Commentary

ED & Group CEO Mr. Lohit Bhatia commented: "We are pleased to report a strong start to the financial year, with revenue growing by 15% YoY to ₹4,182 crore and EBITDA rising by 21% YoY to ₹85 crore. Our PAT and EPS grew by over 61%, reaching ₹82 crore and ₹5.5, respectively."

Performance Drivers:

  • Professional Staffing delivered 12% YoY EBITDA growth with margins of ~11%, backed by sustained GCC hiring
  • General Staffing growth was led by Retail, Telecom, and Manufacturing sectors
  • Overseas Business delivered 17% YoY growth in both revenue and EBITDA

Strategic Initiatives:

  • The company is pivoting towards skill-based, margin-accretive initiatives
  • Strengthening Construction business
  • Boosting sourcing productivity through AI-led transformation
  • Building stronger presence in GCCs with high-end, specialized offerings
  • Evaluating partnerships across various overseas markets
  • Launched first Indo-Japanese corridor targeting Japanese enterprises

Corporate Recognition & Updates

  • Great Place to Work recognized Quess as Best Workplaces in Staffing & Recruitment
  • Quess Singapore earned Great Place to Work recognition for third consecutive year
  • Quess UAE received Great Place to Work recognition for the first time
  • Staffing Industry Analysts recognized Quess Corp as India's No.1 staffing company in 2025
  • Quess ranked 37th globally in staffing in 2024
  • First Indian firm to join World Employment Confederation in 2025

Forward Outlook

As part of Quess 2.0 strategy, the company will:

  • Continue focus on high-margin GCC vertical
  • Invest in AI-led process transformation
  • Pursue skilled migration and credentialised talent export across five identified segments
  • Build through partner-led, capital-light models

Earnings Conference Call Details

Universal Access Number: +91 22 6280 1259 / +91 22 7115 8160

Toll Free Numbers:

  • USA: 1 866 746 2133
  • UK: 0 808 101 1573
  • Singapore: 800 101 2045
  • Hong Kong: 800 964 448

Company Overview

Quess Corp Limited is India's largest and a global leader in staffing and workforce solutions with:

  • Workforce of approximately 482,000 employees across 8 countries
  • Serving over 2,200 clients
  • Comprehensive suite of technology-enabled staffing and managed outsourcing services
  • Key sectors: BFSI, Retail, Telecom, Manufacturing, IT, and GCCs