Quess, a leading business services provider (BPO) in India, posted profit of Rs 86 crore (–3 percent) on revenue of Rs 4,466 crore (+21 percent) or $541.46 million during October-December 2022.
Quess said the number of employees increased 25 percent to 379,000 with an addition of 109 new logos.
Quess said General Staffing Revenues increased 24 percent YoY and by 6 percent QoQ
Operating efficiencies and SG&A cost reduction (200 bps QoQ) led to 8 percent QoQ improvement in EBITDA.
Quess ED and Group CEO Guruprasad Srinivasan said: “We are making good progress with our internal plans of cost reduction and the overall growth of our profitability.”