Quess Corp posts nearly 45% jump in Q2 net profit on staffing growth

what happened

India-based staffing and workforce solutions provider Quess Corp Ltd said on Friday, October 30, that its net profit for the second quarter of FY27 rose 44.9% year on year to ₹75 crore, from ₹52 crore a year earlier. Revenue climbed 14.7% to ₹4,396 crore, while EBITDA increased 11.6% to ₹86 crore and the EBITDA margin held at 2%. According to TradingView, the company declared an interim dividend of ₹5 per share against a face value of ₹10. The record date is November 6, 2026, and payment is due on or before November 20, 2026.

For the first half of FY27, revenue reached ₹8,578 crore, up 15% year on year, and profit after tax rose 53% to ₹157 crore. The General Staffing unit added more than 20,000 workers, bringing headcount to 490,000, and signed 116 new contracts in the quarter.

Despite the strong figures, shares of Quess Corp fell 5.39% on the BSE, closing at ₹306.95.

why it matters

The signal for investors is mixed: higher profit and a dividend support interest in the stock, but the share price drop suggests the market judged the report cautiously. Results from a mid-sized staffing firm rarely move the broader market, but they point to continued hiring demand from global capability centres.

market impact

Quess Corp shares: higher profit and dividend offset by a 5.39% share price decline

• ↔Quess Corp shares mixed — higher profit and dividend conflict with the market's negative reaction

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