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Quess Corp Receives Over Rs 63 Crore in Income Tax Refunds

Story Highlights
  • Quess Corp secured income tax refunds totaling about Rs 63.8 crore for FY22 and FY23.
  • The company says the refunds do not affect operations but strengthen its cash position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Quess Corp Receives Over Rs 63 Crore in Income Tax Refunds

Meet Samuel – Your Personal Investing Prophet

Quess Corp. Ltd. ( (IN:QUESS) ) has issued an announcement.

Quess Corp Limited has disclosed that it received two orders from the Income Tax Department granting refunds of Rs. 39.58 crore and Rs. 24.23 crore for financial years 2021-22 and 2022-23, respectively. The orders, issued under Section 154 of the Income Tax Act and received on April 8, 2026, are stated to have no impact on the company’s financial, operational or other activities, but improve its cash position and may be viewed positively by investors monitoring its tax matters and liquidity profile.

More about Quess Corp. Ltd.

Quess Corp Limited is an Indian business services provider based in Bengaluru, with operations spanning staffing, workforce management and allied corporate support solutions. The company is listed on both BSE and NSE, reflecting its role as a significant player in the organized business services and employment solutions market in India.

Average Trading Volume: 20,421

Technical Sentiment Signal: Sell

Current Market Cap: 27.41B INR

For detailed information about QUESS stock, go to TipRanks’ Stock Analysis page.

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