Quess Corp Reports Strong FY24 Results: 27.71% Growth in Sales and 2852% Surge in Net Profit

Company Sales Company sales for quess

Posted by pallavi on 2024-11-29 18:04:46 |

Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 13

---

Quess Corp. has showcased a stellar performance in its standalone financial results for the year ending March 2024, underlining its strong operational execution and strategic growth initiatives. The company achieved net sales of ₹4,041.58 crore, a remarkable 27.71% year-on-year increase from ₹3,164.60 crore in March 2023, driven by robust demand across its core business segments. This growth reflects Quess Corp.'s ability to adapt to market dynamics and effectively scale its services.

The quarterly net profit surged to ₹103.94 crore, a staggering 2851.95% rise from just ₹3.52 crore in the same period last year. This exponential growth highlights the company’s efficiency in cost management and its focus on high-margin revenue streams. EBITDA also witnessed a significant uptick, growing by 100.33% to ₹156.92 crore compared to ₹78.33 crore in March 2023, demonstrating enhanced profitability and operational resilience.

Earnings per share (EPS) rose sharply to ₹7.00 from ₹0.24 in the previous year, reinforcing the company’s commitment to delivering value to its shareholders. The stock price closed at ₹635.30 on May 16, 2024, reflecting investor confidence and providing strong returns of 27.42% over the last six months and 64.03% over the past year.

With these outstanding results, Quess Corp. has cemented its position as a market leader and continues to build on its growth trajectory. The company’s strategic focus on innovation, workforce expansion, and operational excellence positions it well for sustained long-term success.

Go!