Quess Corp Q2 Profit Jumps 45% as Staffing Grows

reported a healthy Q2 FY27 performance, with consolidated revenue increasing 14.7% year-on-year to ₹4,396 crore, compared with ₹3,832 crore in Q2 FY26. Net profit rose 44.9% to ₹75 crore from ₹52 crore, while adjusted EBITDA increased 20% to ₹92 crore. The General Staffing business remained the key growth driver, generating revenue of ₹3,823 crore and EBITDA of ₹57 crore. The segment added more than 20,000 employees and secured 116 new client contracts during the quarter. Professional Staffing revenue grew 13%, supported by demand from Global Capability Centres (GCCs), while the Overseas Business recorded 10% revenue growth and 23% EBITDA growth. The company's H1 FY27 performance was equally encouraging. Revenue reached ₹8,578 crore, up 15%, while adjusted EBITDA increased 22% to ₹178 crore. PAT rose 53% to ₹157 crore. Quess also reported net cash of ₹471 crore and quarterly cash collections exceeding ₹5,000 crore. Another key development was the board's approval of an interim dividend of ₹5 per share for FY27. November 6, 2026, has been fixed as the record date, with payment expected on or before November 20, 2026. From a research perspective, consistent staffing growth, new client additions and improving profitability are positive indicators. However, investors should monitor employee deployment, wage inflation, operating margins, client concentration and demand trends across BFSI, manufacturing and GCCs. Learning Takeaway: In staffing businesses, revenue growth is closely linked to workforce additions, client contracts and employee utilisation. Investors should track adjusted EBITDA growth, margins, cash conversion and the contribution of higher-margin segments to assess the quality of earnings. Disclosure: This post is for educational purposes only and does not constitute investment advice. Any holdings or conflicts of interest should be disclosed separately.