Quess Corp Limited Approves Q2 FY2026 Financial Results

Board approval: The Board of Quess Corp Limited (NSE: QUESS, BSE: 539978) approved the unaudited standalone and consolidated financial results for Q2 FY 2026 (quarter ended 30 June 2026).

Subsidiary revenue & profit:

• Six subsidiaries reviewed by auditors reported ₹ 2,929.73 million in revenue and a net profit of ₹ 124.31 million (comprehensive income also ₹ 124.31 million).
• Sixteen subsidiaries not reviewed contributed ₹ 647.91 million in revenue and a net profit of ₹ 24.48 million (comprehensive income ₹ 24.07 million). Management considers these amounts immaterial to the Group.

Audit qualification: Deloitte Haskins & Sells LLP qualified its review because certain tax deductions claimed by Quess Corp have been disallowed by the Income Tax Authority. The company is challenging the disallowances in court and expects a favorable resolution.

Operational note: No specific operational performance metrics or margin figures were disclosed in the announcement.

Regulatory compliance: The unaudited results and Limited Review Report comply with Ind AS 34, the Companies Act 2013, and SEBI Regulation 33 (LODR) 2015; all filings are available on the company website.

Risk highlight: Ongoing tax litigation introduces uncertainty, though management remains confident that the disputed deductions will ultimately be accepted.