Quess Corp Limited — Important, 29-01-2025: Financial Result Updates

**Consolidated Financial Summary for Quess Corp Limited**

Quess Corp reported strong performance for the quarter ended December 31, 2024, achieving total revenue of ₹55,190.70 million, reflecting a 13.4% increase year-over-year, driven by robust demand in its workforce management and operating asset management segments.

Net profit for the quarter stood at ₹851.40 million, down from ₹936.24 million in the previous corresponding quarter, impacted by exceptional items amounting to ₹221.10 million related to professional services and employee benefits linked to a demerger scheme. The Earnings Per Share (EPS) decreased to ₹5.42 from ₹6.15.

Operational costs increased by 8.20%, primarily due to a rise in employee benefits expenses, which continued to reflect the company's expansion strategy. The company is focused on improving operational efficiency amid rising costs and is closely monitoring its cost structures.

The balance sheet remains solid, with total assets of ₹64,982.24 million, while total liabilities were reported at ₹33,523.60 million, indicating a healthy asset-to-liability ratio. Cash flows are also stable, allowing for continued investments in growth opportunities.

Looking ahead, Quess Corp appears to be positioned for growth as it enhances its operational capabilities and explores new markets. Investor sentiment remains cautious but optimistic, especially considering the pending demerger that is expected to unlock further value.

Based on these financials, stakeholders may consider a hold strategy as the company navigates through transitional costs while positioning itself for long-term growth.