Integrated Filing — IndAS



General information about company

Scrip Code 539978
NSE Symbol QUESS
MSEI Symbol NOTLISTED
ISIN INE615P01015
Name of company Quess Corp Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 04-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 04-05-2026   18:00:00
End date and time of board meeting 04-05-2026   20:20:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 3,89,245.30 15,30,518.70
Other income 618.70 1,649.40
Total income 3,89,864.00 15,32,168.10
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 3,69,240.30 14,49,969.70
(e) Finance costs 1,351.70 4,922.00
(f) Depreciation, depletion and amortisation expense 1,060.80 4,183.80
(f) Other Expenses
1 Other expenses 11,368.30 49,305.20
Total other expenses 11,368.30 49,305.20
Total expenses 3,83,021.10 15,08,380.70
3 Total profit before exceptional items and tax 6,842.90 23,787.40
4 Exceptional items 58.90 (807.40)
5 Total profit before tax 6,901.80 22,980.00
6 Tax expense
7 Current tax 88.20 716.80
8 Deferred tax 378.70 43.10
9 Total tax expenses 466.90 759.90
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 6,434.90 22,220.10
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 6,434.90 22,220.10
17 Other comprehensive income net of taxes 984.60 1,994.40
18 Total Comprehensive Income for the period 7,419.50 24,214.50
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 6,413.50 22,162.30
Total profit or loss, attributable to non-controlling interests 21.40 57.80
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 7,395.90 24,151.90
Total comprehensive income for the period attributable to owners of parent non-controlling interests 23.60 62.60
21 Details of equity share capital
Paid-up equity share capital 14,933.10 14,933.10
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 1,01,713.30
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.3 14.87
Diluted earnings (loss) per share from continuing operations 4.29 14.85
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.3 14.87
Diluted earnings (loss) per share from continuing and discontinued operations 4.29 14.85
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 12,356.20
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 26,247.60
Other intangible assets 68.30
Intangible assets under development 165.20
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other financial assets 7,613.00
Total of other non-current financial assets 7,613.00
Total non-current financial assets 7,613.00
Deferred tax assets (net) 14,429.50
Other non-current assets
1 Income tax assets (net) 38,085.40
2 Other non-current assets 4,921.90
Total of other non-current assets 43,007.30
Total non-current assets 1,03,887.10
2 Current assets
Inventories 0.00
Current financial asset
Current investments 5,120.60
Trade receivables, current 80,798.00
Cash and cash equivalents 17,812.80
Bank balance other than cash and cash equivalents 2,874.50
Loans, current 94.60
Other current financial assets
Total of other current financial assets 85,033.80
Total current financial assets 1,91,734.30
Current tax assets (net) 0.00
Other current assets
1 Other current assets 8,289.80
Total of other current assets 8,289.80
Total current assets 2,00,024.10
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 3,03,911.20
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 14,933.10
Other equity 1,01,713.30
Total equity attributable to owners of parent 1,16,646.40
Non controlling interest 176.20
Total equity 1,16,822.60
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease liabilities 10,130.40
Total of other non-current financial liabilities 10,130.40
Total non-current financial liabilities 10,130.40
Provisions, non-current 32,189.80
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 42,320.20
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,726.50
Total Trade payable 2,726.50
Other current financial liabilities
1 Lease liabilities 2,317.90
2 Other financial liabilities 98,935.20
Total of other current financial liabilities 1,01,253.10
Total current financial liabilities 1,03,979.60
Other current liabilities 38,187.30
1 Other current liabilities 38,187.30
Total of other current liabilities 38,187.30
Provisions, current 1,719.40
Current tax liabilities (Net) 882.10
Deferred government grants, Current
Total current liabilities 1,44,768.40
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 1,87,088.60
Total equity and liabilites 3,03,911.20
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 a) General Staffing 3,32,790.20 13,17,584.80
2 b) Professional staffing 23,174.20 92,988.40
3 c) Overseas business 33,226.80 1,19,731.60
4 d) Digital Platforms 0.000541 0.002139
Total Segment Revenue 3,89,245.30 15,30,518.70
Less: Inter segment revenue 0.00 0.00
Revenue from operations 3,89,245.30 15,30,518.70
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 a) General Staffing 5,223.60 18,868.60
2 b) Professional staffing 2,955.10 11,055.80
3 c) Overseas business 2,083.60 7,667.50
4 d) Digital Platforms (137.10) (730.40)
Total Profit before tax 10,125.20 36,861.50
i. Finance cost 1,351.70 4,922.00
ii. Other Unallocable Expenditure net off Unallocable income 1,871.70 8,959.50
Profit before tax 6,901.80 22,980.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 a) General Staffing 1,29,737.70 1,29,737.70
2 b) Professional staffing 25,603.30 25,603.30
3 c) Overseas business 46,454.70 46,454.70
4 d) Digital Platforms 628.80 628.80
Total Segment Asset 2,02,424.50 2,02,424.50
Un-allocable Assets 1,01,486.70 1,01,486.70
Net Segment Asset 3,03,911.20 3,03,911.20
4 Segment Liabilities
Segment Liabilities
1 a) General Staffing 1,43,333.00 1,43,333.00
2 b) Professional staffing 12,654.70 12,654.70
3 c) Overseas business 16,845.30 16,845.30
4 d) Digital Platforms 631.30 631.30
Total Segment Liabilities 1,73,464.30 1,73,464.30
Un-allocable Liabilities 13,624.30 13,624.30
Net Segment Liabilities 1,87,088.60 1,87,088.60
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement losses on defined benefit plans (1,195.10) (3,561.80)
Total Amount of items that will not be reclassified to profit and loss (1,195.10) (3,561.80)
2 Income tax relating to items that will not be reclassified to profit or loss (320.30) (916.00)
3 Amount of items that will be reclassified to profit and loss
1 Foreign exchange differences on translating financial statements of foreign operations 1,859.40 4,640.20
Total Amount of items that will be reclassified to profit and loss 1,859.40 4,640.20
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 984.60 1,994.40



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 22,980.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current 0.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 0.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 0.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 26.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 26.00
Net cash flows from (used in) operations 23,006.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 23,006.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 0.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (7,308.40)
Net cash flows from (used in) investing activities (7,308.40)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (23,739.30)
Net cash flows from (used in) financing activities (23,739.30)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (8,041.70)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 942.70
Net increase (decrease) in cash and cash equivalents (7,099.00)
Cash and cash equivalents cash flow statement at beginning of period 24,911.80
Cash and cash equivalents cash flow statement at end of period 17,812.80





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Deloitte Haskins & Sells LLP Yes 31-07-2027


Financial details

Amount in (Lakhs)

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 15,32,168.10 15,32,168.10
2 Total Expenditure 15,08,380.70 15,08,380.70
3 Net Profit/(Loss) 22,220.10 22,220.10
4 Earnings Per Share 14.87 14.87
5 Total Assets 3,03,911.20 3,03,911.20
6 Total Liabilities 1,87,088.60 1,87,088.60
7 Net Worth 1,16,822.60 1,16,822.60


Audit qualification

Amount in (Lakhs)

Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block

Textual Information(1) As per attached Statement on Impact of Audit Qualifications
Textual Information(2) As per attached Statement on Impact of Audit Qualifications
Textual Information(3) As per attached Statement on Impact of Audit Qualifications
Textual Information(4) As per attached Statement on Impact of Audit Qualifications
Textual Information(5) As per attached Statement on Impact of Audit Qualifications


Signatories detail

Name of CEO / Managing director Guruprasad Srinivasan
Name of CFO Neeraj Jain
Name of audit committee chairman Kalpathi Ratna Girish
Name of statutory auditor Gurwinder Singh, Partner, Deloitte Haskins & Sells LLP
Name of other signatory, if any, with designation
Place Bengaluru
Date 04-05-2026