Investor Presentation
Quess Corp (QCL) reported strong financial results for the quarter and half-year. **Business Performance:** Q2 FY26 revenue grew 3% YoY to ₹3,832 Cr, with PAT at ₹52 Cr (+2% YoY) and EBITDA at ₹77 Cr (+11% YoY). Net headcount increased by over 21,000 in Q2, bringing the total to 483,115 and cementing QCL's position as India's largest domestic staffing player.
Professional Staffing was a standout, boosting EBITDA by 37% YoY with double-digit margins.
General Staffing also contributed robustly with significant net associate additions. **Growth Drivers or Strategy:** The company is strategically focused on India's burgeoning flexi-staffing market and emphasizing growth in Global Capability Centres (GCCs), leveraging its ability to rapidly source talent. **Recent Developments:** QCL secured 72 new contracts in General Staffing, 18 in Professional Staffing, and 10 in Overseas Business, notably driving strong performance in the Middle East and Malaysia. **Key Financial Metrics:** Q2 FY26 saw EBITDA margin cross 2%, while H1 FY26 demonstrated strong cash generation with EBITDA to Operating Cash Flow at 110%. The company maintains a healthy balance sheet with ₹273 Cr in net cash. **Management Commentary / Outlook:** QCL is strategically channeling its high-margin segments and operational strengths to sustain profitable growth amidst India's dynamic employment landscape.
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