Quess Corp Reports FY26 Results With Qualified Audit Opinion, Declares Dividends
Published on: May 5, 2026, 1:16 a.m. | Source: scanx.trade
Quess Corp Limited announced its audited financial results for the financial year ended March 31, 2026, with the Board of Directors approving the outcomes at a meeting held on May 4, 2026. The company reported consolidated revenue from operations of INR 1,53,051.87 million for FY26, compared to INR 1,49,671.99 million in the previous year. Profit after tax for the year stood at INR 2,222.01 million, while basic earnings per share increased to INR 14.87 from INR 3.08 in FY25. The statutory auditors, Deloitte Haskins & Sells LLP, issued a qualified opinion on the financial results due to ongoing income tax disputes related to disallowed deductions under Section 80JJAA of the Income Tax Act. The company has assessed INR 3,879.94 million as contingent liabilities towards these tax demands. The Board declared a special interim dividend of INR 3 per equity share to mark the tenth anniversary of the company's listing, with a record date of May 8, 2026, and payment on or before May 21, 2026. Additionally, the Board recommended a final dividend of INR 3 per equity share for FY26, subject to shareholder approval at the 19th Annual General Meeting. In governance changes, Mr. Anish Thurthi was appointed as an Additional Director effective June 1, 2026, while Mr. Chandran Ratnaswami resigned as Non-Executive Director effective May 31, 2026. The company also announced the appointment of KFin Technologies Limited as its new Registrar and Share Transfer Agent, replacing MUFG Intime India Private Limited.
