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Last Updated : Jan 24, 2019 09:31 PM IST | Source: PTI

Quess Corp Q3 net profit up 7% at Rs 65 crore

Its revenue grew 37 percent to Rs 2,172 crore in the quarter under review from Rs 1,584 crore in the third quarter of FY2017-18, it added.

 
 
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Business services provider Quess Corp on Thursday said its consolidated net profit increased 7 percent to Rs 65 crore in the December 2018 quarter. The company had posted a net profit of Rs 61 crore in the October-December 2017 quarter, Quess said in a statement.

Its revenue grew 37 percent to Rs 2,172 crore in the quarter under review from Rs 1,584 crore in the third quarter of FY2017-18, it added.

"The strong revenue and EBITDA growth in excess of 30 percent year-on-year during the quarter is a testament to our dual emphasis on execution led growth supported by balance sheet management," Quess Corp Chairman and MD Ajit Isaac said.

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He added that the company remains optimistic about the contribution of its People Services and Facility Management business that have shown healthy sequential margin expansions of 16 basis points and 8 basis points, respectively.

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First Published on Jan 24, 2019 09:28 pm
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