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(30 Jul 2024, 12:30)

Quess Corp hits 52-week high after Q1 PAT rises 14% QoQ to Rs 112 cr

Quess Corp advanced 1.15% to Rs 723 after the company’s consolidated net profit jumped 14% to Rs 111.67 crore in Q1 FY25 as compared with Rs 97.83 crore in Q4 FY24.


Revenue from operations increased 8.76% QoQ to Rs 5003.10 crore in Q1 FY25.

Year on year (YoY) basis, the company’s consolidated net profit and revenue jumped 132% and 9% respectively in Q1 FY25.

Profit before tax (PBT) jumped 90.75% to Rs 118.55 crore in Q1 FY25 as compared with Rs 62.15 crore in Q1 FY24.

During the quarter, EBITDA was at Rs 184 crore in Q1 FY25, registering the growth of 19% YoY. EBITDA margin expanded 33 bps to 3.7% in Q1 FY25 as compared with 3.3% in Q1 FY24.

The company’s headcount stood at 5,97,000, up 14% YoY and 5% QoQ in Q1 FY25.

Revenue from workforce management jumped 12% to Rs 3622 crore in Q1 FY25 as compared with Rs 3,221 crore in Q1 FY24. 91 new contracts were added with an ACV of Rs 514 cr in Q1 FY25.

Revenue from global technology ...

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