Quess Corp receives ₹42.24 Cr income tax refund for FY23-24

Quess Corp Ltd announced the receipt of an income tax refund totaling ₹42.24 Crore on April 28, 2026. This refund, which includes ₹8.85 Crore in interest, pertains to the Financial Year 2023-24. The order was issued by the Office of the Deputy Commissioner of Income Tax, Central Circle 2(1), Bangalore, under Sections 154 and 143(1) of the Income-tax Act, 1961, dated April 27, 2026. The company stated there is no impact on its financial, operational, or other activities, indicating a positive cash flow event.