Quess Corp posts record EBITDA, strong Q2 growth on staffing demand

Quess Corp announced its Q2 FY26 financial results, achieving a record quarterly EBITDA of ₹77 cr, an 11% increase year-over-year (YoY), and a 10% increase quarter-over-quarter (QoQ). Total revenue for Q2 FY26 stood at ₹3,832 cr, up 3% YoY and 5% QoQ, with a PAT of ₹52 cr, up 2% YoY and 2% QoQ. The company also reported a net addition of 21,000 associates in Q2, bringing the total headcount to 483,115.

The general staffing segment primarily drove growth, with 21,000 net additions and 72 new contracts. Professional staffing delivered double-digit EBITDA growth and margin, with IT staffing contributing ₹27 cr EBITDA and maintaining a 12%+ margin. The professional staffing segment also signed 18 new contracts in Q2, bringing the half-year total to 30.

For H1 FY26, Quess Corp reported revenue of ₹7,483 cr (up 3% YoY) and EBITDA of ₹146 cr (up 11% YoY). PAT for the half-year was ₹103 cr, a 3% increase YoY. The company projects continued growth in Q3, bolstered by rising staffing demand in manufacturing, retail, and logistics, along with new GST reforms.