Quess Corp reported Q4 at Rs. 64-crore profit reported

Staffing and workforce solutions provider Quess Corp reported Rs. 64.34 crores has been reported as a consolidated profit.

The company in the year-ago period made Rs. 95.44 crore, Quess Corp said in a regulatory filing.

The loss in FY25 was due to one-time exceptional items, including expected credit loss provision for discontinued projects (Rs 118.7 crore), goodwill impairment (Rs 25.9 crore) and demerger costs (Rs 13.4 crore).

Income from operations increased by 6.45 percent during the quarter under review to Rs. 3,892.45 crore which was Rs. 3,656.42 crores.

“We have strengthened the year with EBITDA of Rs 312 crore at 19 per cent YoY and PAT at Rs 230 crore, up 10 per cent. The board has approved a special interim dividend of Rs 3 per share and a final dividend of Rs 3 for the 10 years since the IPO,” said CEO Lohit Bhatia.

“On the global front, strong performance in the UAE, Malaysia and the Philippines led our overseas business to close the year with 21 percent EBITDA growth. Despite regulatory and global headwinds, our staffing solutions business added nearly 26,000 to its headcount,” he added.