Bengaluru-based Quess Corp has reported a profit-after-tax of ₹85 crore for Q3FY25, up by 34 per cent year-on- year YoY. On a sequential basis, PAT was down by 9 per cent.
The revenue increased by 14 per cent to ₹5,519 cr. The company has observed growth in sales with 124 new contracts, and annual contract value (ACV) of over ₹150 crores.
Commenting on the quarter performance, Guruprasad Srinivasan, ED & Group CEO said, “The quarter saw consistent double-digit revenue growth and a healthy earnings profile, along with gross debt reduction to ₹224 crore and a dividend of ₹4 per share. Our year-to-date performance reflects a non-linear profitable growth trajectory, highlighted by double-digit growth in both Revenue and EBITDA.”
The Workforce Management platform achieved has surpassed 5,00,000 headcounts, driven by demand in retail and telecom, and strong hiring trends in GCCs. Global Technology Solutions continued its strong momentum, benefiting from increased contributions from international markets, while Operating Asset Management saw solid topline growth, particularly in Telecom and Industrial sectors.
The shares of the company closed at ₹594.35, up by 2.15 per cent on the BSE on Wednesday.