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Quess Corp

Latest revenue

INR 14,693 crore

FY2024 · YoY: +8%

Employees

~9,500

Sector: Professional Services (Recruitment / Placement Consultancy Business Plan &)  |  HQ: India  |  Founded: Not separately disclosed  |  Employees: Not separately disclosed

Listed as: Privately held  | 

Quess Corp is not separately listed on Indian stock exchanges. Refer to the parent entity or cooperative federation noted under "Listed as" above.

Company overview

Quess Corp operates in the professional services segment of the Indian market, with a presence noted in the recruitment / placement consultancy business plan & category. The company is among the recognised participants in this segment alongside other Indian and multinational players. Operations follow the standard Companies Act 2013 disclosure framework where Quess Corp is incorporated as a private or public limited company under Indian law, with statutory audit, GST registration under the CGST Act 2017, and applicable sectoral compliance under FSSAI, BIS, MoEF, or sectoral regulators as relevant to the activity. The competitive set in recruitment / placement consultancy business plan & includes pan-India brands, regional players, and multinational subsidiaries operating in India through wholly-owned or joint-venture structures.

Recent developments

May 2026

Quess Corp entered 2026 under new leadership following the elevation of Lohit Bhatia to CEO in December 2025, tasked with steering the company's next growth phase [9]. The leadership transition has coincided with a strong financial turnaround: Q4 FY26 results revealed margin expansion and a 167% profit surge, swinging to profit from a year-ago loss, while shares surged 12% [6][7]. The company also moved toward returning capital to shareholders, with its dividend turning ex-date in May 2026 [1][2].

On the demand side, Quess Corp's market intelligence highlights robust momentum in India's staffing and talent ecosystem. India IT job demand grew 16% in 2025 [4], driven significantly by the GCC (Global Capability Center) boom, with the CEO noting that GCC growth is fueling contract hiring surge [8]. However, talent supply remains constrained—India's 1,900 GCCs face an 18–43% shortfall in key tech roles [3], and while India's data centre market is projected to double, the talent gap persists [5]. Quess has responded with a GCC-as-a-Service model offering enterprises speed, agility, and control [10].

Sources (9)
  1. Quess Corp to attend investor conference on May 27 - scanx.trade · scanx.trade · Wed, 20 May 2026
  2. Dividend stocks: Laurus Labs, Quess Corp, Nalco, Premier Energies to turn ex-date today - MSN · MSN · Tue, 19 May 2026
  3. India’s 1,900 GCCs face 18–43% talent shortfall in key tech roles: Quess Corp - Storyboard18 · Storyboard18 · Thu, 26 Feb 2026
  4. India’s IT job demand grows 16% in 2025: Quess Corp - The Economic Times · The Economic Times · Mon, 22 Dec 2025
  5. Quess Corp Q4 FY26: Margin Expansion Powers 167% Profit Surge Despite Revenue Headwinds - Markets Mojo · Markets Mojo · Thu, 14 May 2026
  6. Quess Corp shares zoom 12% as Q4 swings to profit from year-ago loss - Business Standard · Business Standard · Tue, 05 May 2026
  7. India’s GCC boom fuels contract hiring surge, says Quess CEO Bhatia - Moneycontrol.com · Moneycontrol.com · Tue, 12 May 2026
  8. Quess Corp elevates Lohit Bhatia to CEO to lead next phase of growth - ET Edge Insights · ET Edge Insights · Mon, 08 Dec 2025
  9. With our GCC-as-a-Service model, we’re offering enterprises speed, agility, and control under one roof: Mohit Mathur, Quess Corp - Express Computer · Express Computer · Thu, 16 Oct 2025

Financial performance and recent trajectory

Disclosed revenue (FY25): Not separately disclosed in segment-wise FY 2024-25 reporting.

Competitive position

Quess Corp occupies a position in the recruitment / placement consultancy business plan & category alongside other listed and unlisted Indian players. Competitive intensity in the segment is shaped by raw material cost cycles, distribution depth, branded versus unbranded share, and the regulatory framework governing manufacturing, FSSAI labelling (for food), BIS standards (for engineering goods), or sectoral norms. The principal competitive moats in this category are typically scale, distribution reach, brand trust, and integrated procurement. KAMRIT's project report on recruitment / placement consultancy business plan & benchmarks new entrant economics against the listed peer cost structure including capex per tonne (or per unit of output), working capital intensity, gross margin band, and the EBITDA delta between organised and unorganised participants.

Key risks

Input cost volatility in the recruitment / placement consultancy business plan & value chain Competitive intensity from larger Indian groups and multinational subsidiaries Regulatory tightening under FSSAI, BIS, environmental norms, or labour codes

Outlook

Quess Corp is a participant in the Indian recruitment / placement consultancy business plan & category, which forms part of the broader Professional Services space. The Indian recruitment / placement consultancy business plan & market continues to evolve with rising organised share, premiumisation, distribution expansion, and a regulatory architecture covering the Companies Act 2013, the Income Tax Act 1961, the CGST Act 2017, the Legal Metrology Act 2009, and sectoral statutes including the Food Safety and Standards Act 2006 (for food and beverage subsegments), the Drugs and Cosmetics Act 1940 (for pharmaceutical or healthcare adjacencies), the Environment Protection Act 1986 (for emissions and effluents), and labour codes consolidated under the four 2020 labour codes. In KAMRIT's project report framework for this category, the competitive set typically includes pan-India branded leaders, multinational subsidiaries, mid-sized regional players, and a long tail of MSME participants. The structural attractiveness of the category for new entrants is a function of (a) market growth rate, (b) the share that remains with unorganised or fragmented operators, (c) the cost of regulatory compliance, and (d) the capex intensity of plant and machinery. The KAMRIT bankable DPR for this category structures a new entrant's economics against this competitive landscape. For Quess Corp specifically, public-domain disclosures provide a baseline view of operations, but segment-wise revenue, EBITDA, capacity utilisation, and forward capex plans are not separately broken out in many cases. Where the company is part of a listed group, the SEBI LODR and the Companies Act 2013 governance framework apply, with statutory audit conducted under SA 700 and CARO 2020 reporting. Where the company is unlisted, the Companies Act 2013 framework continues to govern with reduced public disclosure. The risk and opportunity outlook for Quess Corp mirrors the broader recruitment / placement consultancy business plan & category dynamics. Demand-side drivers include rising household consumption, urbanisation, organised retail expansion, and policy support including PLI schemes (where applicable to the segment). Supply-side risks include input cost volatility, regulatory tightening, environmental compliance escalation, and competitive intensity from larger groups or imports. Management quality, balance sheet strength, distribution depth, and the capex execution track record are the differentiators within the peer set. KAMRIT's research desk maintains a baseline reference for Quess Corp as a peer benchmark within the recruitment / placement consultancy business plan & category. For investors, lenders, or new entrant promoters seeking a fuller assessment of Quess Corp, KAMRIT's deep-dive company profile engagement covers financial trajectory, capacity and capex, distribution and customer concentration, regulatory exposure, and the competitive position with named peers.

KAMRIT point of view

Building or competing with Quess?

KAMRIT advises promoters, family offices, and global enterprises evaluating greenfield entry into the professional services (recruitment / placement consultancy business plan &) sector. Our Bankable DPR with Cost Model and ROI benchmarks your project economics against the listed-company cost structure of Quess and peers. The Execution Partnership tier covers everything from incorporation through commissioning. A 20-minute scoping call with our partners is free.

Related KAMRIT project reports

These reports use Quess Corp in benchmarking and competitive analysis sections.

Disclaimer: This profile is compiled by KAMRIT Financial Services LLP for educational and benchmarking purposes only. It is not investment advice, a recommendation to buy or sell securities, or a solicitation. Stock data is provided by Yahoo Finance and may be delayed by up to 20 minutes. Company financial commentary draws on publicly available filings, exchange disclosures, and KAMRIT industry research. Readers should consult a SEBI-registered investment adviser before making investment decisions. KAMRIT is a financial services and compliance firm, not a SEBI-registered investment adviser.