Quess Corp Reports FY26 EBITDA Rise And Dividend

07 May 2026 CW Team

In the fourth quarter revenue was Rs 38,920 mn, up 6 per cent year on year, with EBITDA of Rs 860 mn, up 28 per cent year on year and 8 per cent sequentially. Quarterly EBITDA margin was 2.2 per cent, a sequential improvement of 19 basis points, while adjusted profit after tax was Rs 640 mn and adjusted earnings per share were Rs four point three. Cash conversion of EBITDA to operating cash flow for the year stood at 80 per cent.

Operationally, the staffing solutions business added around 26,000 to headcount during the year despite project discontinuations that reduced headcount by about 7,000. The professional staffing vertical delivered 43 per cent year on year EBITDA growth with margins near 12 per cent, while the overseas business posted double digit revenue and EBITDA growth led by the Middle East, Malaysia and the Philippines. Malaysia scaled strongly with revenue growth of 83 per cent and the Philippines grew revenue by 49 per cent.

The company reported an overall workforce of approximately 479,000 employees across eight countries serving more than 2,200 clients. Quess India was certified as a Great Place to Work for the seventh consecutive year, Singapore for the third consecutive time and the UAE for the first time.

Management said it will strengthen domestic growth by adding new verticals while pursuing selective international expansion, with initiatives anchored to improving operating EBITDA margins and sustainable revenue growth. A conference call was scheduled for fifth May 2026 at 11:00 AM IST.

Quess Corp reported results for the fourth quarter and financial year 26, with FY26 revenue of Rs 153,050 million (mn) and EBITDA of Rs 3,120 mn, representing year on year growth in EBITDA of 19 per cent. Adjusted profit after tax was Rs 2,300 mn, up 10 per cent, and EBITDA margin improved by 29 basis points. The board approved a special interim dividend of Rs three per share and recommended a final dividend of Rs three per share, totalling Rs six per share subject to shareholder approval. In the fourth quarter revenue was Rs 38,920 mn, up 6 per cent year on year, with EBITDA of Rs 860 mn, up 28 per cent year on year and 8 per cent sequentially. Quarterly EBITDA margin was 2.2 per cent, a sequential improvement of 19 basis points, while adjusted profit after tax was Rs 640 mn and adjusted earnings per share were Rs four point three. Cash conversion of EBITDA to operating cash flow for the year stood at 80 per cent. Operationally, the staffing solutions business added around 26,000 to headcount during the year despite project discontinuations that reduced headcount by about 7,000. The professional staffing vertical delivered 43 per cent year on year EBITDA growth with margins near 12 per cent, while the overseas business posted double digit revenue and EBITDA growth led by the Middle East, Malaysia and the Philippines. Malaysia scaled strongly with revenue growth of 83 per cent and the Philippines grew revenue by 49 per cent. The company reported an overall workforce of approximately 479,000 employees across eight countries serving more than 2,200 clients. Quess India was certified as a Great Place to Work for the seventh consecutive year, Singapore for the third consecutive time and the UAE for the first time. Management said it will strengthen domestic growth by adding new verticals while pursuing selective international expansion, with initiatives anchored to improving operating EBITDA margins and sustainable revenue growth. A conference call was scheduled for fifth May 2026 at 11:00 AM IST.

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