Quess Corp Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 24, 2019 at 07:13 am
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Quess Corp. Limited announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, on consolidated basis, the company reported revenue from operations of INR 21,721.540 million compared to INR 15,839.500 million a year ago. Profit for the period was INR 649.962 million compared to INR 610.038 million a year ago. Basic earnings per share was INR 4.38 compared to INR 4.21 a year ago. Diluted earnings per share was INR 4.36 compared to INR 4.17 a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 62,322.184 million compared to INR 42,765.078 million a year ago. Total income was INR 62,744.361 million compared to INR 43,094.454 million a year ago. Profit for the period was INR 1,810.484 million compared to INR 2,340.097 million a year ago. Basic earnings per share was INR 12.40 compared to INR 16.80 a year ago. Diluted earnings per share was INR 12.33 compared to INR 16.62 a year ago.
For the quarter, on standalone basis, the company reported revenue from operations of INR 14,270.056 million compared to INR 11,371.097 million a year ago. Total income was INR 14,413.305 million compared to INR 11,504.791 million a year ago. Profit for the period was INR 571.857 million compared to INR 487.713 million a year ago. Basic earnings per share was INR 3.91 compared to INR 3.35 a year ago. Diluted earnings per share was INR 3.89 compared to INR 3.32 a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 40,789.050 million compared to INR 31,178.756 million a year ago. Total income was INR 41,139.901 million compared to INR 31,521.350 million a year ago. Profit for the period was INR 1,584.436 million compared to INR 2,099.294 million a year ago. Basic earnings per share was INR 10.87 compared to INR 15.04 a year ago. Diluted earnings per share was INR 10.81 compared to INR 14.88 a year ago.
Quess Corp Limited is an India-based company, which is engaged in the business of providing services in workforce management, operating asset management and global technology solution. The Company operates through four segments: Workforce management, Operating asset management, Global Technology Solutions, and Product led business. Workforce management segment is engaged in providing comprehensive staffing services and solutions including general staffing, information technology (IT) staffing, recruitment and executive search, recruitment process outsourcing as well as payroll, and other services. The operating asset management segment is engaged in providing services including janitorial services, food, hospitality services and other services. Global Technology Solutions segment is engaged in providing business process outsourcing (BPO) services and technology solutions. Product led business provides break fix services, hiring technology platform and workforce management tool.