Quess Corp Limited , India's leading business services provider, has reported a robust performance for the first quarter of fiscal year 2026, with notable growth in its Professional Staffing segment and steady progress in other areas despite challenging market conditions.

Financial Highlights

Quess Corp achieved a revenue of ₹3,651.00 crores in Q1 FY26, representing a 2% year-on-year growth. The company's EBITDA stood at ₹70.00 crores, marking a 10% increase year-on-year and a 4% rise quarter-on-quarter. EBITDA margins improved to 1.9%, expanding by 7 basis points sequentially and 15 basis points year-on-year.

The company reported a Profit After Tax (PAT) of ₹51.00 crores, which includes ₹2.00 crores of demerger-related expenses. Excluding these expenses, the adjusted PAT was ₹53.00 crores, showing an 8% year-on-year increase.

Segment Performance

Professional Staffing

The Professional Staffing segment delivered its strongest quarterly performance in over 15 years. Revenue reached ₹244.00 crores, up 31% year-on-year and 11% quarter-on-quarter. Segmental EBITDA increased by 48% year-on-year to ₹25.00 crores, with margins hitting double digits at 10.2% for the first time.

General Staffing

General Staffing reported revenue of ₹3,122.00 crores, remaining flat year-on-year due to muted headcount growth early in the quarter. However, the segment showed signs of recovery in June, adding 6,500 associates net. The segment added 79 new contracts during the quarter, bringing in over 9,000 new associates.

Overseas Business

The overseas business generated revenue of ₹284.00 crores, flat year-on-year but with notable growth in the Middle East, Malaysia, and Philippines offsetting challenges in Singapore. Headcount for the overseas business grew by 18% year-on-year to 5,599.

Strategic Developments

Quess Corp launched Origint, a new GCC-as-a-Service business line, aimed at assisting global enterprises in establishing and managing capabilities in India. The company also became the first to join the Open Network for Digital Commerce (ONDC) as an anchor network participant in the work opportunity domain through its Hamara Jobs platform.

Workforce and Recognition

Despite early quarter pressures, Quess Corp ended the period with 461,531 associates, adding nearly 2,000 associates on a net basis. The company was certified as a Great Place to Work for the sixth consecutive year, improving its ranking from 32nd to 19th place. Additionally, Quess Corp was recognized as India's number 1 staffing company for 2025 by Staffing Industry Analysts.

Future Outlook

With 42,000 open mandates and signs of recovery in key sectors, Quess Corp is positioned for growth in the coming quarters. The company remains focused on leveraging the GCC opportunity, accelerating its digital platforms, and maintaining operational efficiency to drive sustainable long-term value.

Guruprasad Srinivasan, CEO of Quess Corp, commented, "As we strengthen our position as a pure-play staffing leader, we remain deeply committed to operational excellence, innovation, and continuously evolving our offerings to meet the dynamic needs of our clients."

As Quess Corp continues to invest in technology and innovation across all parts of its business, the company appears well-positioned to capitalize on emerging opportunities in the staffing and business services sector.

Quess Corp , India's largest staffing and workforce solutions provider, has announced its financial results for the first quarter, showcasing resilient performance amid challenging market conditions.

Financial Highlights

• Revenue stood at ₹3,651.00 crore, up 2% year-on-year (YoY)
• EBITDA increased by 10% YoY to ₹70.00 crore
• Profit After Tax (PAT) grew by 4% YoY to ₹51.00 crore
• Earnings Per Share (EPS) reached ₹3.40

Segment Performance

General Staffing

The General Staffing segment, which forms the core of Quess Corp's business, showed stability:

• Revenue: ₹3,122.00 crore
• EBITDA: ₹46.00 crore, up 3% YoY
• Added 79 new contracts in the quarter
• Headcount at 449,112, with a net addition of 2,000 employees

Professional Staffing

The Professional Staffing segment demonstrated strong growth:

• Revenue: ₹244.00 crore, up 31% YoY
• EBITDA: ₹25.00 crore, up 48% YoY
• Achieved double-digit EBITDA margins
• Global Capability Centre (GCC) exposure increased to 73%

Overseas Business

The Overseas segment showed steady performance:

• Revenue: ₹284.00 crore
• EBITDA: ₹17.00 crore, up 12% YoY
• Headcount grew by 18% YoY to 5,599

Strategic Initiatives

Quess Corp has launched 'Origint', a new GCC-as-a-service offering, aimed at capitalizing on India's growing Global Capability Centre market. This strategic move is expected to strengthen the company's position in the high-value GCC segment.

Industry Recognition

The company has received notable recognition in the staffing industry:

• Ranked as the #1 Staffing Company in India by Staffing Industry Analysts (SIA)
• Recognized among India's Top 25 Workplaces, securing the #19 position

Management Commentary

Guruprasad Srinivasan, ED & Group CEO of Quess Corp, commented on the results: "We are pleased to report a good start to this financial year. Professional Staffing posted its best-ever performance, recording double-digit EBITDA margins and maintaining strong revenue growth, led by the GCC segment. In General Staffing, despite the challenging macro environment, we ended the quarter with net additions. We are also seeing encouraging festive season demand as we step into Q2."

Outlook

Despite the challenging macro environment, Quess Corp remains optimistic about its growth prospects. The company's focus on operational efficiency, strategic initiatives like 'Origint', and its strong position in the staffing market are expected to drive sustainable, profitable growth in the coming quarters.

As India's largest domestic staffing player with a headcount of 462,000, Quess Corp continues to leverage its scale and expertise to navigate market challenges and capitalize on emerging opportunities in the workforce solutions sector.