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Quess Corp: Quess Corp to split into three independent listed companies

Quess Corp will split into three independent entities in what the business services provider said is a move aimed at unlocking shareholder value.The demerger proposal was approved at the company’s board meeting on Friday.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitIndian School of BusinessISB Product ManagementVisitIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisit

quess: Quess reports 8% growth in Q3 revenues on back of tech solutions business

Business services provider Quess Corp on Friday announced that it earned revenues of Rs 4842 crore during the December quarter with a year-on-year (YoY) growth of 8% and a net profit of Rs 84 crore with a YoY growth of 162%.The company, in a press release, said it has recorded a robust Ebitda of Rs 181 crore, a jump by 24% YoY. The board approved an interim dividend of Rs 4 per share for the current fiscal year.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive

Allsec Technologies to merge with Quess Corp in all stock deal

Business process outsourcing firm Allsec Technologies will merge with technology-enabled staffing and outsourcing services firm Quess Corp in an all-stock deal, the companies said in a joint statement. Upon the scheme becoming effective, all the subsidiaries of Allsec will become subsidiaries of Quess. "The Board of Directors of Allsec Technologies and Quess Corp in their respective meetings held on June 22, 2022, have approved the Scheme of Amalgamation which inter alia provides for the merger of Allsec into Quess…