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Latest news about Quess Corp

Quess Corp Reports Growth in Professional Staffing Amid Stagnant IT Hiring Aug 03, 2025

Quess Corp's Q1 results show a 4% increase in consolidated profit to Rs 51 crore, driven by professional staffing. IT hiring remains sluggish, but demand has shifted with 73% coming from non-IT companies and global capability centers. The company added 2,000 employees, with growth in manufacturing, banking, financial services, consumer retail, and telecom sectors. Professional staffing segment performed well, while general staffing and overseas business remained flat. Digital platform business saw a significant decline in revenue.

Quess Corp Reports Strong Q1 FY26 Results with Professional Staffing Hitting Record Performance Aug 01, 2025

Quess Corp Reports 10% EBITDA Growth in Q1, Launches 'Origint' for GCC Market Jul 28, 2025

Quess Corp Reports 4% Profit Growth to ₹509.86 Million in Q1 Amid Tax Disputes Jul 28, 2025

Quess Corp Joins ONDC Network, Aims to Provide Two Million Job Opportunities Jul 03, 2025

More news about Quess Corp

09Jun 25

Quess Corp Subsidiaries Secure BSE and NSE Approval for Equity Shares Listing

Quess Corp's subsidiaries, Digitide Solutions Limited and Bluspring Enterprises, have obtained approval from the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) for listing their equity shares. This development marks a significant milestone for Quess Corp, potentially enhancing the visibility and market access for these subsidiaries.

03Jun 25

Quess Corp Launches 'Origint' to Tap into $105 Billion GCC Market

Quess Corp, a leading business services provider, has announced the launch of 'Origint', a new business line aimed at expanding its presence in the Gulf Cooperation Council (GCC) region. This strategic move targets a market opportunity valued at $105 billion across the GCC countries, known for their rapidly growing economies. While specific details about Origint's operations are not yet disclosed, it is expected to leverage Quess Corp's expertise in workforce management, technology solutions, and business process outsourcing to meet the unique needs of the GCC market.

20May 25

Quess Corp Q4 Profit Soars 54%, Announces ₹6 Dividend and New Distribution Policy

Quess Corp's Q4 results show a 54% YoY profit increase with adjusted PAT at ₹210.00 crore and 9% revenue growth to ₹14,967.00 crore. The board approved a ₹6.00 per share dividend and introduced a new policy to distribute up to 75% of free cash flow to shareholders. The company added 45 new GCC clients and reported 48,000 job openings for Q1 FY26, indicating strong demand. While Professional Staffing segment showed growth, General Staffing faced challenges.

19May 25

Quess Corp Reports Mixed Q4 Results: Revenue Up, Net Loss Recorded

Quess Corp's Q4 financial results show a 3.36% year-over-year revenue increase to ₹36.56 billion. However, the company reported a net loss of ₹954.90 million, compared to a ₹943.80 million profit in the same quarter last year. The loss is largely attributed to a ₹1.58 billion exceptional item. Despite this, the company's Profit Before Tax improved to ₹590.80 million. The board has recommended a final dividend of ₹6 per equity share.

14Apr 25

Quess Corp Unveils 1:1 Share Exchange Ratio for Digitide and Bluspring Demerger

Quess Corp Limited has revealed details of its corporate restructuring, including a 1:1 share exchange ratio for its demerger with Digitide Solutions Limited and Bluspring Enterprises Limited. Shareholders will receive one equity share each in Digitide and Bluspring for every share held in Quess Corp. The record date is set for April 15, 2025. The demerger complies with tax regulations, with shareholders needing to apportion their original cost of acquisition across the three companies. Post-demerger, specific business undertakings will be transferred to Digitide and Bluspring on a going concern basis.

01Apr 25

Quess Corp Announces Leadership Changes and Demerger Plans, Sets Record Date for Spin-off

Quess Corp is splitting into three separate listed entities: Digitide Solutions Ltd., Bluspring Enterprises Ltd., and Quess Corp Ltd. Each entity will have its own specialized focus and leadership team. The record date for the demerger is set for April 15, 2025. Shareholders will receive shares in Digitide and Bluspring mirroring their existing Quess Corp shareholding. New CEOs and CFOs have been appointed for each entity. The company expects the demerged units' shares to begin trading within two months post-spin-off, subject to approvals.

07Mar 25

Quess Corp Surges 6% as NCLT Approves Three-Way Demerger

Quess Corp's stock price jumped over 6% following NCLT approval of its three-way demerger plan. The restructuring will create three separate entities: Quess Corp Limited (workforce management), Digitide Solutions Limited (BPM and tech services), and Bluspring Enterprises Limited (infrastructure services). Shareholders will receive one equity share in each new company for every share held in Quess Corp. The move aims to improve operational efficiency and unlock shareholder value.

04Mar 25

NCLT Approves Composite Scheme for Quess Corp, Digitide, and Bluspring

The National Company Law Tribunal (NCLT) has approved a composite scheme of arrangement involving Quess Corp, Digitide, and Bluspring. This decision indicates a major corporate restructuring initiative in the business services sector. The approval could lead to significant changes in operations, ownership structures, and business strategies for the companies involved, particularly Quess Corp. The market awaits detailed disclosures about the scheme's specifics and its potential impact on Quess Corp's stock performance and long-term strategic benefits.