Quess Corp Q1FY21 results; consolidated net profit declined by ~35% yoy


Quess Corp Ltd announced its Q1FY21 results on July 28, 2020. Consolidated net revenue of Quess Corp Ltd in Q1FY21 stood at Rs2,409.4cr, which rose by 0.58% yoy from Rs2,395.39cr in Q1FY20.

EBITDA stood at Rs129.66cr in Q1FY21 which decreased by 12.14% yoy. For Q1FY20, it had posted EBITDA of Rs147.58cr. EBITDA margin as of Q1FY21 was at 5.38% which declined by 78bps yoy against the same quarter, the previous year.

The consolidated net profit in Q1FY21 came in at Rs36.45cr which declined by 35.52%, as compared to Q1FY20, when it had reported Rs56.53cr. The net profit margin in Q1FY21 came in at 1.51% which declined by 85bps yoy. The net profit margin for Q1FY20 was at 2.36%.

Share price of company closed at Rs347.8 up by 2.25% on BSE.








Particulars

Q1FY21 (Rs in cr)

Q1FY20 (Rs in cr)

% VAR

Net Revenue

2,409.40

2,395.39

0.58

Operating Profit

129.66

147.58

-12.14

Net Profit

36.45

56.53

-35.52

EBITDAM%

5.38

6.16

-78bps

PATM%

1.51

2.36

-85bps

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