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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	19-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	09-May-2025
Description of presentation currency	INR (in Actuals)
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	19-May-2025   18:30:00
End date and time of board meeting	19-May-2025   20:30:00
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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	36564210000	149671990000
	Other income	109420000	236190000
	Total income	36673630000	149908180000
2	Expenses
(a)	Cost of materials consumed	810000	2680000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	34540150000	140513400000
(e)	Finance costs	90500000	385980000
(f)	Depreciation, depletion and amortisation expense	101740000	412100000
(f)	Other Expenses
1	Other Expenses	1349660000	6532700000
	Total other expenses	1349660000	6532700000
	Total expenses	36082860000	147846860000
3	Total profit before exceptional items and tax	590770000	2061320000
4	Exceptional items	-1579890000	-1643350000
5	Total profit before tax	-989120000	417970000
6	Tax expense
7	Current tax	19470000	82750000
8	Deferred tax	-54110000	-123670000
9	Total tax expenses	-34640000	-40920000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-954480000	458890000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	-954480000	458890000
17	Other comprehensive income net of taxes	-18100000	-78350000
18	Total Comprehensive Income for the period	-972580000	380540000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-954930000	458023000
	Total profit or loss, attributable to non-controlling interests	450000	450000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-973160000	379590000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	580000	950000
21	Details of equity share capital
	Paid-up equity share capital	1489190000	1489190000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		9359320000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-6.42	3.08
	Diluted earnings (loss) per share from continuing operations	-6.42	3.07
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	-6.42	3.08
	Diluted earnings (loss) per share from continuing and discontinued operations	-6.42	3.07
24	Debt equity ratio	0	0
25	Debt service coverage ratio	0	0
26	Interest service coverage ratio	0	0
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	1008770000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	2362080000
	Other intangible assets	36260000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	671440000
	Total non-current financial assets	671440000
	Deferred tax assets (net)	1352660000
	Other non-current assets	439710000
	Total non-current assets	5870920000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	0
	Trade receivables, current	15294510000
	Cash and cash equivalents	2491180000
	Bank balance other than cash and cash equivalents	178230000
	Loans, current	13180000
	Other current financial assets	175900000
	Total current financial assets	18153000000
	Current tax assets (net)	3285410000
	Other current assets	808950000
	Total current assets	22247360000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	28118280000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1489190000
	Other equity	9359320000
	Total equity attributable to owners of parent	10848510000
	Non controlling interest	11360000
	Total equity	10859870000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	811700000
	Total non-current financial liabilities	811700000
	Provisions, non-current	2340930000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities
	Total non-current liabilities	3152630000
	Current liabilities
	Current financial liabilities
	Borrowings, current	120630000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	586310000
	Total Trade payable	586310000
	Other current financial liabilities	9010830000
	Total current financial liabilities	9717770000
	Other current liabilities	4167160000
	Provisions, current	62470000
	Current tax liabilities (Net)	158380000
	Deferred government grants, Current
	Total current liabilities	14105780000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	17258410000
	Total equity and liabilites	28118280000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts 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	General Staffing	31488640000	129949760000
2	Professional staffing	2190200000	8254450000
3	Overseas business	2868290000	11421660000
4	Digital Platforms	20960000	50000000
	Total Segment Revenue	36568090000	149675870000
	Less: Inter segment revenue	0	0
	Revenue from operations	36568090000	149675870000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	General Staffing	431500000	1936240000
2	Professional staffing	201590000	772180000
3	Overseas business	174910000	634310000
4	Digital Platforms	13150000	-54850000
	Total Profit before tax	821150000	3287880000
	i. Finance cost	90500000	90500000
	ii. Other Unallocable Expenditure net off Unallocable income	1719770000	1719770000
	Profit before tax	-989120000	417970000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	General Staffing	14110210000	14110210000
2	Professional staffing	2494680000	2494680000
3	Overseas business	4047100000	4047100000
4	Digital Platforms	73820000	73820000
	Total Segment Asset	20725810000	20725810000
	Un-allocable Assets	7392470000	7392470000
	Net Segment Asset	28118280000	28118280000
4	Segment Liabilities
	Segment Liabilities
1	General Staffing	12543660000	12543660000
2	Professional staffing	3018690000	3018690000
3	Overseas business	1307160000	1307160000
4	Digital Platforms	34150000	34150000
	Total Segment Liabilities	16903660000	16903660000
	Un-allocable Liabilities	354750000	354750000
	Net Segment Liabilities	17258410000	17258410000
	Disclosure of notes on segments

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
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	-13060000	-132740000
	Total Amount of items that will not be reclassified to profit and loss	-13060000	-132740000
2	Income tax relating to items that will not be reclassified to profit or loss	-5620000	-35750000
3	Amount of items that will be reclassified to profit and loss
1	Foreign exchange differences on translating financial statements of foreign operations	-10660000	18640000
	Total Amount of items that will be reclassified to profit and loss	-10660000	18640000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-18100000	-78350000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			417970000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			0
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			0
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			0
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			0
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			3386800000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			3386800000
	Net cash flows from (used in) operations			3804770000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			3804770000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			0
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			22000000
	Net cash flows from (used in) investing activities	22000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-3181480000
	Net cash flows from (used in) financing activities			-3181480000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			645290000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			9430000
	Net increase (decrease) in cash and cash equivalents			654720000
	Cash and cash equivalents cash flow statement at beginning of period			1836460000
	Cash and cash equivalents cash flow statement at end of period			2491180000

Audit qualification
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