QUESS CORP Q2 FY27: PAT UP 44% YOY; HEADCOUNT CROSSES 5 LAKH, TARGETS GLOBAL STAFFING LEADERSHIP BY 2030 & STRONG HIRING EXPANSION

• 2030 Growth Ambition: Management aims to become the world's largest staffing player by 2030, supported by global expansion, technology and workforce growth • Quarterly Results: Revenue increased 15% YoY to ₹4,396 Cr, EBITDA grew 12% to ₹86 Cr and PAT surged 44% to ₹75 Cr • Adjusted Profitability: Adjusted EBITDA increased 20% YoY to ₹92 Cr, with adjusted EBITDA margin improving to 2.1% from 2.0% • Workforce Expansion: Total headcount reached 5.04 lakh, with approximately 21,000 net additions during Q2 FY27 • General Staffing Growth: Revenue increased 15% YoY to ₹3,823 Cr, while operating profit grew 23% to ₹57 Cr • New Contract Wins: General Staffing added 116 new contracts, Professional Staffing secured 27 contracts and Overseas Business added 33 contracts during Q2 • Professional Staffing: Revenue increased 13% YoY to ₹254 Cr, while operating profit declined 2% to ₹27 Cr due to lower utilisation and leadership investments • GCC Business Expansion: Global Capability Centre clients contributed approximately 71% of Professional Staffing revenue, with over 1,100 open mandates primarily in niche and high-value roles • International Growth: Overseas revenue increased 10% YoY to ₹318 Cr, while operating profit grew 23% to ₹22 Cr • Middle East Business: EBITDA margin reached 14.2%, although revenue remained flat due to geopolitical challenges • Southeast Asia Growth: Philippines revenue increased 15% YoY, while Malaysia recorded 50% growth, supported by expanding staffing operations • Hiring Momentum: General Staffing recorded its highest quarterly sourcing of 57,000 candidates, supported by technology and recruiter productivity • Digital Expansion: Hamara Jobs platform has over 1.26 Cr job seekers, while Hamara HR serves more than 1.5 lakh daily active users • AI & Technology Plans: Leveraging proprietary AI technology across 1,400+ recruiters to improve talent sourcing, onboarding, hiring efficiency and productivity • Cash Position: Net cash increased to ₹471 Cr from ₹271 Cr in March 2026, with no debt outstanding • Cash Collections: Quarterly cash collections exceeded ₹5,000 Cr, while General Staffing collections reached approximately ₹4,300 Cr • Revenue Adjustment: Q2 revenue included a one-time increase of ₹120 Cr related to implementation of the new Labour Code • Dividend: Board approved an interim dividend of ₹5 per share, with November 6, 2026 as the record date • Future Growth Plans: Focused on expanding general staffing, higher-margin professional staffing, GCC services, international operations and AI-powered digital platforms • Capex & FY27 Guidance: H1 expenditure on property, plant and equipment stood at ₹6 Cr; no specific fresh FY27 revenue growth, margin or capex guidance disclosed

QUESS CORP LIMITED

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