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The company's profit before tax (PBT) rose 64.42% to Rs 85.88 crore in Q1 FY27 from Rs 52.23 crore posted in Q1 FY26.
During the quarter, EBITDA increased 21% YoY to Rs 85 crore from Rs 70 crore in Q1 FY26. EBITDA margin improved to 2.0% in Q1 FY27 from 1.9% in Q1 FY26.
The company's headcount stood at 482,000, up 4.5% YoY in Q1 FY27.
On the segmental front, General Staffing revenue stood at Rs 3,596.48 crore (up 15.20% YoY), Professional Staffing revenue was Rs 252.12 crore (up 3.26% YoY), and Overseas Business revenue was Rs 332.85 crore (up 17.08% YoY) during the quarter under review.
ED & group CEO, Lohit Bhatia said, “We are pleased to report a strong start to the financial year, with revenue growing by 15% YoY to Rs 4,182 crore and EBITDA rising by 21% YoY to Rs 85 crore. Our PAT and EPS grew by over 61%, reaching Rs 82 crore and Rs 5.5, respectively.
This performance was driven by strong momentum across segments. Professional Staffing delivered 12% YoY EBITDA growth with margins of ~11%, backed by sustained GCC hiring. General Staffing growth was led by Retail, Telecom, and Manufacturing, while also adding 86 new logos, giving us a head start going into Q2. Our Overseas Business was equally resilient, delivering 17% YoY growth in both revenue and EBITDA, led by Middle East, Singapore, Malaysia, and the Philippines.
The more important story, however, is structural. While volume and headcount will remain central to Quess, we are consciously pivoting all new projects and endeavours towards skill-based, marginaccretive initiatives. This includes strengthening our Construction business, boosting sourcing productivity through AI-led transformation, and building a stronger presence in GCCs with high-end, specialised offerings. In the GCC space, we are evaluating partnerships across various overseas markets, with our first corridor now signed to kick-start this journey, targeting Japanese enterprises. Together, these moves reflect our broader strategy of building a global, skill-intensive, higher-margin portfolio for the future.”
Quess Corp is India’s leading business services provider, leveraging its extensive domain knowledge and future-ready digital platforms to drive client productivity through outsourced solutions.
Quess Corp announced a strategic collaboration through its wholly owned subsidiary Quess International Services with Institution for a Global Society (IGS) and Indo-Pacific Advisory (IPA) to establish a robust Indo–Japan Global Capability Center (GCC) corridor. The initiative will support leading Japanese enterprises in building, scaling, and transforming their India operations across high-growth sectors.
The partnership draws on the deepening Special Strategic and Global Partnership between India and Japan, two Indo-Pacific economies whose interests are increasingly aligned across trade, technology, supply-chain resilience, and innovation. Japan's commitment to invest 5 trillion yen in India by 2027, reinforced by a renewed 2025 bilateral agreement targeting 10 trillion yen in private investment over a decade, underscores the scale of this ambition. With cooperation advancing under frameworks such as the Japan-India Digital Partnership and the Industrial Competitiveness Partnership, spanning semiconductors, critical minerals, and advanced technologies, the two economies are emerging as natural strategic complements, pairing Japan's industrial and technological depth with India's scale, capability base, and digital momentum.
Commenting on the development, Lohit Bhatia, Executive Director & Group CEO, Quess Corp said, “India has cemented its position as the world's foremost destination for GCC growth, backed by an unmatched talent ecosystem, advanced digital capabilities, and a workforce built for innovation. For Japanese enterprises accelerating their transformation agendas, India offers far more than cost efficiency, it is a gateway to high-quality technology talent at scale.
Through this collaboration, we are establishing a structured Indo–Japan GCC corridor that enables Japanese companies to build and scale operations in India, while creating meaningful, high-skilled employment opportunities for Indian professionals. This combines Quess' workforce and GCC execution expertise with IGS' deep Japanese market access and IPA's strategic government and business ecosystem support. Together, the alliance aims to support Japanese companies across the entire GCC lifecycle, from market entry and pilot team deployment to long-term scaling and transformation.”