The company saw an 11% rise in revenue for the quarter at Rs 4,748 crore, as compared to Rs 4,273 crore a year ago. Its reported EBITDA grew by 21 per cent to Rs 164 crore, against Rs 135 crore during the quarter ended September 2023.
“.Specifically IT services companies are still not hiring. We did anticipate some level of mandate was supposed to come in by Q3. We are still not seeing that moment yet. It is fair to say that most of the IT staffing growth would come from GCCs and other non-tech platforms. For Q2, most of the hiring mandates for the IT services companies, have come specifically from manufacturing, retail and e-commerce. We are seeing a similar kind of trend continuing even in Q3.”
India-based staffing provider Quess Corp reported revenue of INR 47.48 billion yesterday after markets closed for its second quarter period ended 30 September 2022. Revenue grew by 11% compared to the prior year period.