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Quess Corp achieves 9% revenue growth in Q2

BENGALURU, INDIA – Leading Indian staffing firm Quess Corp reported a 9% rise in revenue for the second quarter of the 2025 fiscal year, reaching ₹5,179 crore (approximately $616 million). 

This growth was attributed to strong performances across its main business segments, particularly the Workforce Management (WFM) division. The company also celebrated surpassing a 600,000-employee milestone, highlighting its expanding presence in staffing and global technology solutions.

Workforce Management leads growth; IT Staffing and GCCs shine

The Workforce Management (WFM) division was a key contributor, which added 15,000 employees in the quarter, bringing its headcount to 498,000. This growth was largely driven by heightened demand in the retail and logistics sectors. 

The IT staffing segment also performed well, supported by Global Capability Centres (GCCs), accounting for 68% of WFM’s revenue. Executive Director and Group CEO Guruprasad Srinivasan, enthusiastic about the results, said, “We are pleased to report a solid quarter…underpinned by broad-based performance across our platforms.”

Quess’s Global Technology Solutions (GTS) division reported a notable 18% year-over-year increase in contract lifecycle management (CLM) revenue and a 4% quarterly rise, with growth spanning both international and domestic markets.

Product-led business and OAM division make significant gains

Quess’s Product-Led Business foundit reached a milestone, listing approximately 900,000 jobs on its platform, marking its highest-ever number of jobs available. Additionally, the Operating Asset Management (OAM) division recorded growth in the food and beverage (F&B) and telecom sectors, further boosting company revenue. 

Srinivasan highlighted that the organization’s “committed approach of financial and operational prudence” has strengthened efficiencies across its platforms.

The group also said that the demerger process is expected to finalize by mid-2025. Despite a recent dip in its share price to ₹665.65 ($7.92), 24% below its 52-week high, Quess Corp remains optimistic about future opportunities across its divisions.

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