Quess Corp Latest Updates

Business Restructuring and Strategic Focus Quess Corp has completed a three-way demerger, which has resulted in a simplified structure with four core business lines: general staffing, India professional staffing, international business, and a digital platform. This move aims to provide the company with a sharper focus, enhanced operational agility, and a clear path for global expansion as a pure-play staffing organization. The company is now debt-free. Financial and Operational Performance In the first quarter of FY26, Quess Corp's standalone net profit was ₹50.91 crore, with revenue from operations at ₹3,656.14 crore. The company reported a year-on-year revenue growth of 1.75% and a net profit increase of 3.75%. Hiding is significant, with over 42,000 open job mandates across various sectors, particularly in manufacturing, consumer, retail, and telecom. The company also notes that a significant portion of its hiring is taking place in Tier 2 and Tier 3 cities. Workforce and Employment Trends A recent report by Quess Corp highlights the formalization of India's workforce. The company itself contributed 1.33 lakh new formal jobs (Universal Account Numbers) in FY25, with 22.5% of these jobs going to women. The report also found that formal jobs are increasingly becoming the first career step for young Indians. The IT and ITeS sectors have the strongest female participation, and certain states like Karnataka, Tamil Nadu, and Telangana are emerging as top performers in terms of workforce diversity.