Quess Corp Limited — Updates, 29-01-2025: Press Release

Quess Corp's recent performance reflects continued growth, with Q3FY25 revenue rising 14% year-over-year to ₹5,519 Cr and a strong PAT increase of 34% to ₹85 Cr. The company reported an EBITDA of ₹197 Cr, marking a 6% growth year-on-year. For the first nine months of FY25, revenue grew 11% to ₹15,702 Cr, with PAT soaring 59% to ₹290 Cr. Gross debt was successfully reduced by ₹145 Cr, now standing at ₹224 Cr, and a dividend of ₹4 per share was approved by the board.

Key operational highlights include a significant milestone in Workforce Management, surpassing 500,000 associates driven by demand in retail and telecom. However, the Product Led Business faced a 29% revenue decline due to a challenging hiring season. The company's strategic initiatives align with its long-term objectives of non-linear growth and a commitment to workplace culture, as evidenced by being certified as a Great Place to Work for the sixth consecutive year.