Quess Corp Ltd's Q3FY25 Quarterly Results

Result Summary

• Quess Corp Ltd reported a 6.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.0%.
• Its expenses for the quarter were up by 6.6% QoQ and 13.6% YoY.
• The net profit decreased 9.1% QoQ and increased 33.8% YoY.
• The earnings per share (EPS) of Quess Corp Ltd stood at 5.4 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Quess Corp Ltd is a leading provider in the business services sector, primarily focusing on workforce management, operating and customer lifecycle management, and global technology solutions. The company is recognized for its diverse service offerings, which include staffing, managed services, and technology solutions aimed at enhancing productivity and efficiency for businesses. Quess Corp Ltd operates in various industries, including telecommunications, retail, manufacturing, and healthcare, providing customized solutions that cater to the specific needs of its clients. As of the latest data available, there are no specific recent developments or strategic shifts mentioned in the sources provided.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Quess Corp Ltd reported a total income of ₹5527.96 crores, reflecting a quarter-over-quarter (QoQ) increase of 6.6% from ₹5183.75 crores in Q2FY25. This also marks a significant year-over-year (YoY) growth of 14.0% compared to ₹4847.06 crores in Q3FY24. The consistent increase in total income demonstrates the company's ability to scale its operations and possibly expand its market presence. The revenue growth may be attributed to the company's diversified service offerings in various sectors and its strategic focus on expanding client relationships and acquiring new business.

Profitability

During Q3FY25, Quess Corp Ltd's Profit Before Tax (PBT) was recorded at ₹88.58 crores, which is a decrease of 13.3% QoQ from ₹102.13 crores in Q2FY25. However, on a YoY basis, PBT increased by 49.7% from ₹59.17 crores in Q3FY24. The tax expenses for Q3FY25 were ₹3.44 crores, which is a significant reduction from ₹8.50 crores in the previous quarter, and a notable change from a negative tax figure of ₹-4.52 crores in Q3FY24. As a result, the Profit After Tax (PAT) for Q3FY25 was ₹85.14 crores, showing a decrease of 9.1% QoQ from ₹93.63 crores in Q2FY25 but an increase of 33.8% YoY compared to ₹63.64 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 stood at ₹5.40, down from ₹6.10 in the previous quarter, but up from ₹4.30 in Q3FY24, reflecting a YoY increase of 25.6%.

Operating Metrics

Analyzing the operating expenses, Quess Corp Ltd's total expenses for Q3FY25 amounted to ₹5417.27 crores, which represents a QoQ increase of 6.6% from ₹5081.93 crores in Q2FY25, and a YoY rise of 13.6% compared to ₹4768.02 crores in Q3FY24. The consistent increase in expenses aligns closely with the revenue growth rate, suggesting a proportional scaling of operations. The company's operational efficiency can be partly assessed through its ability to maintain a relatively stable margin despite the increased operational costs. The financial data does not provide specific ratios such as P/E ratio, debt-to-equity ratio, or current ratio, limiting further analysis in these areas. However, the available metrics highlight the company's ongoing efforts to increase its revenue base while managing expenses effectively.