Profit statements

Quess Corp Q4 earnings at Rs 77 cr

Business services provider Quess Corp on Friday announced a profit of Rs 77 crore for the March quarter 2021-22.

The company had incurred a loss of Rs 58 crore in the period a year ago, Quess Corp said in a statement.

Operating revenue jumped to Rs 3,792 crore from Rs 3,005 crore in the same quarter of the previous fiscal year.

In 2021-22, the company’s net profit was Rs 251 crore. It had recorded a profit of Rs 74 crore in 2020-21.

Operating income rose to Rs 1,369 crore from Rs 1,083 crore in the previous financial year.

“We are delighted to report our highest ever earnings, EBIDTA and PBT, reaffirming our ability to execute. All of our large businesses continued to show exceptional growth, driving our consolidated revenue up by 26% year-on-year and 3% quarter-on-quarter.

“Our continued focus on cross-selling is paying off as businesses and employees leverage our extensive portfolio of services to deliver innovative solutions to our customers,” said Guruprasad Srinivasan, Managing Director of Quess Corp and Group CEO. .

The company’s shares settled on Friday at Rs 664.50 each, up 1.75% on BSE.

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