Quess Corp Q2 PAT Jumps 44% to ₹75 Crore

NSE Symbol: QUESS

Submitted By: Kundan K Lal, Company Secretary & Compliance Officer

Revenue: ₹4,396 crore, representing 15% year-over-year (YoY) growth from ₹3,832 crore in Q2 FY26
Adjusted EBITDA: ₹92 crore, up 20% YoY from ₹77 crore (excludes non-cash ESOP expense)
Adjusted EBITDA Margin: 2.1%, improved by 10 basis points YoY from 2.0%
PAT: ₹75 crore, showing 44% YoY growth from ₹52 crore
PAT Margin: 1.7%, improved by 35 basis points YoY from 1.4%
EPS: ₹5.0 per share, up 44% YoY from ₹3.5
Net Cash Position: ₹471 crore
Cash Collection: Highest ever quarterly collection of over ₹5,000 crore
Headcount: 504,000 employees, representing 4% YoY growth from 483,000 and 5% quarter-over-quarter (QoQ) growth from 482,000

Revenue: ₹8,578 crore, up 15% YoY from ₹7,483 crore
Adjusted EBITDA: ₹178 crore, up 22% YoY from ₹146 crore
Adjusted EBITDA Margin: 2.1%, improved by 12 basis points YoY from 2.0%
PAT: ₹157 crore, up 53% YoY from ₹103 crore
PAT Margin: 1.8%, improved by 45 basis points YoY from 1.4%
EPS: ₹10.4, up 51% YoY from ₹6.9
ROE: Expanded to 25% from 20% in FY26, based on trailing twelve months (TTM) PAT

Revenue: ₹3,823 crore
EBITDA: ₹57 crore
Headcount: 490,000 with addition of over 20,000 employees
New Contracts: Added 116 new client logos
Construction vertical's EBITDA nearly doubled on YoY basis with double digit margins
YoY Performance: 15% revenue growth and 23% EBITDA growth

New Contracts: Added 33 new contracts
Growth: Double digit growth in both revenue and EBITDA
Regional Performance:
Middle East: Delivered strong margins despite flat QoQ revenue growth due to geopolitical crisis
Singapore: Added 8 new contracts
Malaysia: Achieved 50% YoY revenue growth
Philippines: Recorded 15% YoY revenue growth with 10.5% net margin
Overall YoY Performance: 10% revenue growth and 23% EBITDA growth

Quess 2.0 strategy progressing toward building higher-margin business portfolio through IT Staffing expansion into end-to-end IT Solutions
Global corridors strategy gaining momentum with strategic partnerships signed with IGS and IPA for Japan
AI-led sourcing platform implementation processing over 100,000 leads monthly, enhancing recruitment efficiency
Launch of associate Query Management System (QMS) handled over 20% of associate queries within first four weeks, with plans to scale further in H2 FY27

Ranked among Best Workplaces in the Middle East 2026: 40th overall and 32nd among Best Workplaces for Women
Certified Great Place to Work for seventh consecutive year in India (2026)
Quess Singapore earned Great Place to Work recognition for third consecutive time
Quess UAE received Great Place to Work recognition for first time
Staffing Industry Analysts (SIA) recognized Quess Corp as India's No.1 staffing company in 2025 & 37th globally by revenue in 2024
First Indian firm to join World Employment Confederation in 2025

Supported establishment of Christian Medical College (CMC) Vellore's new 346-bed Paediatric Specialty Hospital at Ranipet Campus through Quess foundation alongside Fairfax Financial Holdings

Established: 2007 in Bengaluru
Workforce: Approximately 504,000 employees across 8 countries
Clients: Over 2,300 clients
Services: Technology-enabled staffing and managed outsourcing services across BFSI, Retail, Telecom, Manufacturing, IT, and GCC sectors