Quess Corp, India’s largest and a global leader in staffing and workforce solutions

 

  • Quess Corp, India’s largest and a global leader in staffing and workforce solutions
  • Quess is expected to maintain a steady growth over the next two quarters, supported by rising staffing demand across manufacturing, retail, and logistics, following the recent GST reforms. 
  • The company is also likely to deliver a consistent double-digit operating EBITDA margin in its Professional Staffing business, driven by high-margin digital skills and GCC wallet expansion. 
  • These factors are set to contribute to a sustained revenue growth and stable margins.
  • General Staffing: • Net headcount addition of 21,000 associates, totalling up to 4,70,338 associates
  • Middle East delivers highest EBITDA margin and headcount at 12.8% and 2,100, respectively
  • H1FY26 Highlights 
  • ➢ Revenue of ₹7,483 cr, up by 3% YoY 
  • ➢ EBITDA at ₹146 cr, up by 11% YoY with increase in margin by 14bps on a YoY basis 
  • ➢ PAT at ₹103 cr, up by 3% YoY
  • Commenting on the results, ED & Group CEO, Mr. Guruprasad Srinivasan said, “We are pleased to report a highest ever EBITDA of ₹77 crore, up by 11% YoY and revenue of ₹ 3,832 crore, up by 3% YoY as we continue to deliver non-linear growth. Our operating EBITDA margin has improved to 2%, up by 13 basis points YoY. Growth has been primarily driven by General Staffing segment, with a festive headcount addition of 21,000, taking the overall headcount to 4,83,115. Our Professional Staffing business, largely led by IT staffing in the GCC segment, continues to showcase strong YoY growth in revenue, EBITDA, and operational EBITDA margin at 11%, 37%, and 236bps, respectively. We are experiencing tailwinds in Q3 from the new GST reforms which will help our growth journey over the next two quarters.”

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