Quess Corp , India's leading business services provider, has reported strong financial results for the second quarter, with record EBITDA and steady revenue growth.

Financial Highlights

• Revenue: ₹3,832.00 crores (up 3% year-on-year)
• EBITDA: ₹77.00 crores (up 11% year-on-year)
• PAT: ₹52.00 crores
• EPS: ₹3.50 per share

The company's EBITDA margin crossed the 2% mark, with operating cash flow conversion at 109%.

Operational Performance

Quess Corp added over 21,000 associates during the quarter, bringing its total associate count to 483,115, a 5% increase year-on-year. This solidifies the company's position as India's largest domestic staffing player.

Segment-wise Performance

General Staffing

• Revenue: ₹3,317.00 crores (up 3% year-on-year)
• Net additions: 21,283 (highest in last 6 quarters)
• Headcount: 470,337

The segment saw strong growth driven by festive hiring momentum, particularly in manufacturing and BFSI verticals.

Professional Staffing

• Revenue: ₹224.00 crores (up 11% year-on-year)
• EBITDA: ₹27.00 crores (up 37% year-on-year)
• EBITDA margin: 12.2%

The segment achieved its highest-ever EBITDA, driven by a focus on profitable growth and rationalization of low-margin contracts.

International Business

• Revenue: ₹290.00 crores
• EBITDA: ₹18.00 crores

The overseas business performed well, with broad-based strength in key regions, particularly in the Middle East and Malaysia.

Financial Position

Quess Corp closed the quarter with a net cash balance of ₹273.00 crores after paying approximately ₹90.00 crores in dividends, highlighting the company's strong liquidity position and balance sheet strength.

Management Commentary

Guruprasad Srinivasan, Group CEO of Quess Corp, commented on the results: "We are pleased to report another quarter of solid execution and continued momentum. Our focus remains on operational excellence, margin expansion, and prudent capital management, while continuing to invest in high-value segments and technology."

Outlook

Management expects to deliver similar growth in H2 as seen in H1, with a continued focus on operational excellence and margin expansion. The company aims to maintain its leadership position in the staffing industry while exploring new growth opportunities in emerging segments.

As Quess Corp continues to strengthen its position in the business services sector, investors and analysts will be watching closely to see if the company can sustain its growth trajectory and profitability in the coming quarters.

Quess Corp Limited , a prominent player in the Indian business services sector, has recently been assigned an Environmental, Social, and Governance (ESG) rating of 63.3 by SESES G Research Private Limited, a SEBI-registered ESG Rating Provider. This development offers stakeholders insights into the company's sustainability practices.

Key Points of the ESG Rating Disclosure

Implications of the ESG Rating

The assignment of an ESG rating to Quess Corp reflects the growing importance of sustainability metrics in the Indian corporate landscape. ESG ratings are increasingly being used by investors and stakeholders to assess a company's long-term sustainability and ethical impact.

Company's Response

Quess Corp has been proactive in its communication regarding this rating. The company clarified that it did not engage SESES G Research for this ESG assessment. The rating information was communicated to Quess Corp by BSE Limited via email, demonstrating the company's commitment to transparency in its disclosures.

Additional Corporate Updates

In line with its commitment to stakeholder engagement, Quess Corp has also announced that the recording of its recent analyst call, conducted on October 30, 2025, has been made available on the company's website under the investor relations section.

As ESG considerations continue to gain prominence in the investment community, this rating may provide valuable insights for investors and stakeholders interested in Quess Corp's sustainability practices. However, it's important to note that as a voluntary rating based on public information, it may not capture the full scope of the company's ESG initiatives.