Shares of Quess Corp surged more than 12% in early trade following its March quarter results, as investors reacted to a sharp turnaround in profitability and attractive dividend announcements. According to reports from The Hindu BusinessLine, the stock was trading at ₹227.68, up 7.5% as of 10:31 am, touching a high of ₹238 on the NSE compared with the previous close of ₹211.63.
The rally was driven by the company's return to profit in Q4FY26 after reporting a loss in the year-ago period. As reported by The Hindu BusinessLine, Quess Corp reported a standalone net profit of ₹58.7 crore for the quarter ended March 2026, compared with a net loss of ₹81.26 crore in the same quarter last year, marking a strong year-on-year recovery.
For the full year FY26, profit after tax rose 57.4% to ₹189.12 crore from ₹120.12 crore in the previous fiscal, reflecting sustained improvement in earnings performance. According to The Hindu BusinessLine, this solid full-year growth demonstrates the company's operational efficiency and market positioning improvements throughout the fiscal year.
The company announced shareholder-friendly measures, declaring a special interim dividend of ₹3 per share along with a final dividend of ₹3 per share, which further supported investor sentiment around the stock. As reported by The Hindu BusinessLine, these higher dividend payouts reflect the company's commitment to returning value to shareholders and contributed significantly to the positive market response.
Overall, the combination of a turnaround in quarterly profitability, solid full-year growth and higher dividend payouts has driven the sharp upmove in Quess Corp shares. According to The Hindu BusinessLine, this comprehensive improvement in financial performance and shareholder returns has boosted investor confidence and market sentiment toward the company's prospects.
