**1. Financial Highlights:** Quess Corp Q1 FY26 revenue: ₹3,651 Cr (↑2% YoY). EBITDA: ₹70 Cr (↑10% YoY), 1.9% margin.

PAT: ₹51 Cr (↑4% YoY). The company shows financial stability with zero debt and ₹255 Cr net cash.

Professional Staffing excelled, with revenue up 31% and EBITDA up 48% YoY.

General Staffing maintained resilient margins, while Digital Platforms reported a ₹2 Cr EBITDA loss. **2. Strategic Initiatives & Growth Drivers:** Quess launched ‘Origint’, a GCC-as-a-service, aiming to capitalize on India's Global Capability Centre market opportunity.

The company is strategically positioned to leverage the formalization of the workforce and the flexi-staffing market, which is projected to grow at a 14% CAGR.

Technology investments are ongoing to boost recruiter productivity. **3. Business Developments:** The company saw strong new contract additions across segments: 79 in General Staffing, 12 in Professional Staffing, and 32 in Overseas Business, contributing to ~79k gross additions for staffing solutions.

General Staffing notably achieved growth in the Manufacturing & Industrials (M&I) and BFSI sectors. **4. Market Position & Competitive Advantage:** Quess solidifies its standing as India’s largest domestic staffing player with 462k headcount, recognized as the #1 staffing company by Staffing Industry Analysts (SIA). Its competitive advantage stems from a 23% market share among ISF members, ~1,700 active clients with strong retention, and an influential 'Advocacy Edge' through ISF leadership. **5. Investor Implications:** The Q1 FY26 results indicate positive growth potential, particularly driven by the high-performing Professional Staffing segment and the new strategic GCC initiatives.

Zero debt and a strong cash position offer financial resilience.

Quess's continued market leadership and focus on high-growth segments position it favorably for investors.