Bengaluru, India, July 30: Quess Corp, India’s largest and a global leader in staffing and workforce solutions, announced its Q1 FY27 financial results today.
Q1 FY27 Highlights
- Revenue at ₹4,182 crore up by 15% YoY
- EBITDA at ₹85 crore up by 21% YoY
- PAT at ₹82 crore up by 61% YoY with EPS of ₹5.5/share
- GPTW recognised Quess as Best Workplaces in Staffing & Recruitment
- Launched a new Indo-Japanese corridor for GCCs and skill mobility
|
Particulars (in ₹ Cr.) |
Quarter Ended |
|||||
|
Q1 FY27 |
Q1FY26 |
YoY |
Q4 FY26 |
QoQ |
|
|
|
Headcount |
482k |
462k |
4.5% |
479k |
0.8% |
|
|
Revenue |
4,182 |
3,651 |
15% |
3,892 |
7% |
|
|
EBITDA |
85 |
70 |
21% |
86 |
(2)% |
|
|
EBITDA% |
2.0% |
1.9% |
11bps |
2.2% |
(20)bps |
|
|
PAT |
82 |
51 |
61% |
64 |
28% |
|
|
PAT Margin |
2.0% |
1.4% |
57bps |
1.7% |
31bps |
|
|
EPS (Diluted) – ₹ |
5.5 |
3.4 |
61% |
4.3 |
28% |
|
Commenting on the performance, ED & Group CEO, Mr. Lohit Bhatia said, “We are pleased to report a strong start to the financial year, with revenue growing by 15% YoY to ₹4,182 crore and EBITDA rising by 21% YoY to ₹85 crore. Our PAT and EPS grew by over 61%, reaching ₹82 crore and ₹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, margin-accretive 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.”
Q1 FY2027 Segmental Highlights
- General Staffing:
- Revenue at ₹3,596 crore with EBITDA at ₹51 crore
- Headcount at 469k with addition of 3.8k+
- 86 new contracts added
- Professional Staffing
- Delivered 12% YoY EBITDA growth with double digit margins of ~11%
- GCC share of headcount at 71% and revenue at 68%
- Added 36 contracts during the quarter
- Overseas Business:
- 37 new contracts added with double digit growth in Revenue and EBITDA
- Middle East delivered 12% EBITDA margins, with 26% revenue growth and 18% EBITDA growth YOY
- Singapore added 17 new contracts
- Malaysia achieved 56% YoY revenue growth
- Philippines recorded 17% YoY revenue growth
Looking ahead, as part of Quess 2.0, the company will continue its focus on high-margin GCC vertical and invest in AI-led process transformation, while pursuing skilled migration and credentialised talent export across five identified segments, built through partner-led, capital-light models.
