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Quess Corp

AI, cybersecurity to drive 1 mn jobs by 2030: Quess IT Staffing report

Strategic investments in upskilling will remain pivotal as the workforce adapts to increasing demand for AI, cybersecurity, and cloud computing

AI, cybersecurity to drive 1 mn jobs by 2030: Quess IT Staffing report
Updated On : 30 Dec 2024 | 7:10 PM IST

Quess Corp zooms 9%; Antique initiates coverage on stock with 'Buy' call

With rapid urbanisation in India and rampant growth of Global Capability Centers (GCCs) in the country, Quess is expected to experience strong momentum in the BFSI, manufacturing, and telecom sectors

Quess Corp zooms 9%; Antique initiates coverage on stock with 'Buy' call
Updated On : 17 Dec 2024 | 10:18 AM IST

Quess Corp Ajit Isaac seals record real estate deal at Rs 67.5 cr

The property is located in the southern suburb of Koramangala in Bengaluru, popularly known as billionaire street. Flipkart co-founder Sachin Bansal is among its residents

Quess Corp Ajit Isaac seals record real estate deal at Rs 67.5 cr
Updated On : 18 Apr 2024 | 4:44 PM IST

Quess Corp surges 16%; hits 52-week high on three-way demerger plan

Quess Corp announced that its board of director plans to undertake a three way demerger of its diversified business segments, resulting in three listed entities with dedicated presence.

Quess Corp surges 16%; hits 52-week high on three-way demerger plan
Updated On : 19 Feb 2024 | 1:30 PM IST

Business services provider Quess Corp Q2 PAT rises 79% to Rs 71 cr

Business services provider Quess Corp has reported 79 per cent year-on-year jump in profit after tax at Rs 70.95 crore for the second quarter ended September 30, riding on operational efficiencies. The company had reported a profit after tax (PAT) of Rs 39.62 crore in the corresponding period of the previous fiscal. Total revenue of the company grew 11 per cent to Rs 4,748 crore, from Rs 4,273 crore in the year-ago period, a company statement said. "This growth is due to focused efforts over the last few quarters in developing greater automation in our platforms, building operational efficiencies and focusing on high margin businesses," Group CEO Guruprasad Srinivasan said. Srinivasan further said the higher margin platforms, GTS and OAM have delivered a consistent increase in profitability along with improvement in margins over the last few quarters. The listed subsidiary, AllSec has surpassed a market cap of Rs 1,000 crore with a CAGR (compound annual growth rate) of 23 per cent

Business services provider Quess Corp Q2 PAT rises 79% to Rs 71 cr
Updated On : 07 Nov 2023 | 4:54 PM IST

Five tech skills make up 78% of hiring demands across industries: Report

A Quess report finds upward hiring trends in India's IT hubs as well as Tier I & II cities as remote work options become available in Q1FY24

Five tech skills make up 78% of hiring demands across industries: Report
Updated On : 29 Aug 2023 | 4:25 PM IST

Biz services provider Quess Corp profit falls 29% to Rs 48 crore in Q1

Leading business services provider Quess Corp has reported a 29.41 per cent decline in profit after tax at Rs 48 crore for the June quarter. The company's profit after tax stood at Rs 68 crore in the corresponding quarter of the previous financial year, a company release said. It reported a revenue of Rs 4,600 crore in the first quarter of the current fiscal compared to Rs 3,979 crore in the same period of the previous financial year. "We are pleased to report revenues of Rs 4,600 crore, up 16 per cent year-on-year backed by 15,000+ headcount, totaling up to an overall headcount of 5.25 lakh," Quess Corp Executive Director & Group Chief Executive Officer Guruprasad Srinivasan said. "Around 35 per cent of the associates who joined us in Q1 entered the formal workforce for the first time. We acquired 183 new customers, setting us up for growth over the next few quarters," Srinivasan said. Further, he said in product-led businesses, investment continues in people, technology and ...

Biz services provider Quess Corp profit falls 29% to Rs 48 crore in Q1
Updated On : 03 Aug 2023 | 6:19 PM IST

80% informal employees expect ESI security, medical benefits: Report

Informal sectors employees prioritise factors such as prestige, career potential and security over wages today, adding that technology has helped raise awareness of formal employment benefits

80% informal employees expect ESI security, medical benefits: Report
Updated On : 19 Jul 2023 | 5:29 PM IST

Professional services industry hired maximum people between January and May

It was followed by BFSI and e-commerce industries with 16% rise in their headcounts

Professional services industry hired maximum people between January and May
Updated On : 04 Jul 2023 | 3:18 PM IST

Vacancies for blue-collar jobs in India rose in FY23, but job seekers down

The fall in job demand was noted in delivery and driver, BPO and customer care, and data entry roles

Vacancies for blue-collar jobs in India rose in FY23, but job seekers down
Updated On : 25 Apr 2023 | 2:26 PM IST

Women in informal economy have greater career aspiration than men: Study

They wanted health benefits and formal job agreement over money in their jobs

Women in informal economy have greater career aspiration than men: Study
Updated On : 07 Mar 2023 | 9:15 PM IST

Blue and grey-collar job demand in India up four-fold in 2022: Report

60 per cent of all the grey and blue-collar hires were "freshers" with a prior work experience of 0 to 3 years: Billion Careers

Blue and grey-collar job demand in India up four-fold in 2022: Report
Updated On : 06 Jan 2023 | 12:07 PM IST

Aparajitha eyes new deals after 76% stake buy in Quess Corp arm Simpliance

The firm aims to become the top player in India' compliance segment; currently has 1,700 employees and over 1,750 clients across 25 states

Aparajitha eyes new deals after 76% stake buy in Quess Corp arm Simpliance
Updated On : 07 Dec 2022 | 10:19 PM IST

Near-term headwinds likely to keep staffing solution companies muted

But valuations have turned attractive after sharp corrections since January

Near-term headwinds likely to keep staffing solution companies muted
Updated On : 24 Nov 2022 | 10:01 PM IST

Stocks to Watch: Titan, Dabur, Nykaa, HCL Tech, Mahindra Life, Quess Corp

Stocks to Watch Today: Shares of Titan are likely to be in focus after the company reported 18 per cent sales growth for the September quarter; Dabur may see a downtick owing to earnings warning.

Stocks to Watch: Titan, Dabur, Nykaa, HCL Tech, Mahindra Life, Quess Corp
Updated On : 07 Oct 2022 | 7:46 AM IST

Quess Corp to sell its stake in Simpliance Technologies for Rs 120 crore

Aparajitha, a Human Resource compliance service firm from Madurai, Tamil Nadu, along with its affiliates would take over a 53 per cent stake in Simpliance from Quess Corp.

Quess Corp to sell its stake in Simpliance Technologies for Rs 120 crore
Updated On : 07 Oct 2022 | 12:29 AM IST

Stocks to Watch: Vodafone Idea, Bajaj Auto, Tata Steel, Glenmark Pharma

Stocks to Watch today: The US FDA has issued Glenmark Pharma form 483 with 6 observations for its Baddi Unit, which was inspected between June 13-22, 2022.

Stocks to Watch: Vodafone Idea, Bajaj Auto, Tata Steel, Glenmark Pharma
Updated On : 23 Jun 2022 | 8:03 AM IST

Allsec Technologies to merge with Quess Corp in an all stock deal

Upon the scheme becoming effective, all the subsidiaries of Allsec will become subsidiaries of Quess.

Allsec Technologies to merge with Quess Corp in an all stock deal
Updated On : 22 Jun 2022 | 11:10 PM IST

Quess Corp, Fairfax to set up paediatric specialty centre at CMC Vellore

The proposed centre, which will be called 'CMC Vellore Paediatric Specialty Centre', will provide leading state-of-the-art paediatric medical and surgical services

Quess Corp, Fairfax to set up paediatric specialty centre at CMC Vellore
Updated On : 06 May 2022 | 8:25 PM IST

Quess Corp's consolidated PAT doubles to Rs 89 cr in December quarter

Business services provider Quess Corp on Thursday reported a 93.47 per cent jump in consolidated profit after tax (PAT) to Rs 89 crore for the quarter ending December 31, 2021.

Quess Corp's consolidated PAT doubles to Rs 89 cr in December quarter
Updated On : 10 Feb 2022 | 10:57 PM IST