QUESSQuess Corp

Quess Corp's Q2 profit rises 44% to ₹75 crore; ₹5 interim dividend, 500,000+ staff

Quess Corp reported September-quarter net profit of ₹74.66 crore against ₹51.77 crore, on revenue of ₹4,396.48 crore, up 14.74%, and declared a ₹5 interim dividend.

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What happened

  • Whalesbook, in a report timed at 10:06 AM on Saturday, gave net profit as ₹74.66 crore against ₹51.77 crore, up 44%, and revenue from operations as ₹4,396.48 crore, up 14.74%.
  • Investywise gave profit after tax as ₹75 crore, up 44%, adjusted EBITDA as ₹92 crore, up 20%, and first-half profit as ₹157 crore, up 53%, on first-half revenue of ₹8,578 crore.
  • Both said the board approved an interim dividend of ₹5 a share and that headcount crossed 500,000. Investywise added a net cash position of ₹471 crore.
  • Investywise dated its report 30 October; Whalesbook's is timed at 10:06 AM on Saturday.

Why it matters

Neither outlet gives the time of the filing, so it may predate Friday's evening edition. Investywise puts first-half profit growth at 53%, against 44% for the quarter.

Good to know: Adjusted EBITDA strips out items the company treats as one-off.

Key facts

Net profit, per Whalesbook
₹74.66 crore (₹51.77 crore), up 44%
Revenue from operations, per Whalesbook
₹4,396.48 crore, up 14.74%
Adjusted EBITDA, per Investywise
₹92 crore, up 20%
Interim dividend
₹5 a share
Headcount
Above 500,000

Read the source

This is a summary of public news about Quess Corp, for information only. It is not a recommendation to buy, sell or hold QUESS.

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