Daijiworld Media Network- Bengaluru

Bengaluru, Aug 29: Workforce solutions giant Quess Corp has set an ambitious target of achieving Rs 350 crore EBITDA with a blended margin of 2% by FY26, even as it sharpens focus on Tier-2 and Tier-3 cities for expansion.

CEO Guruprasad Srinivasan said the company is aiming for a 20% return on equity (ROE), buoyed by its recent restructuring following a demerger completed in June. The new structure leaves Quess debt-free and streamlined into four verticals – general staffing, India professional staffing, international business, and a digital platform.

At present, Quess has 42,000 open job mandates, reflecting strong demand across manufacturing, consumer goods, retail, and telecom. Nearly 37% of new hiring is emerging from smaller towns, a trend largely fuelled by the boom in e-commerce and delivery services.

The Global Capability Centre (GCC) segment, accounting for over 10% of India’s 1,600 GCCs, is projected to grow at 20% annually, providing further scope for professional staffing. Although IT hiring has cooled, Quess’ limited exposure (15–16%) and rising demand from non-tech firms and GCCs are cushioning the impact.

Despite its bullish outlook, Quess Corp’s stock closed 0.94% lower at Rs 264.05 on the day of the announcement.

With its restructured model, debt-free balance sheet, and focus on emerging job markets, Quess Corp remains confident of sustaining long-term growth and meeting its FY26 targets.