Quess Corp Ltd Receives Rs 155.11 Crore Tax Refund for FY 2024-25
Quess Corp Ltd announced that it received an Assessment Order and a significant tax refund for the Financial Year 2024-25. The refund, totaling Rs 155.11 Crore, was received on April 27, 2026, following an assessment order passed under Section 143(1) of the Income Tax Act, 1961.The refund was processed by the Centralized Processing Centre of the Income Tax Department in Bengaluru.
The total refund amount of Rs 155.11 Crore is comprised of two parts: the tax refund and the accrued interest.
| Component | Amount (in Crore) |
|---|---|
| Total Refund | 155.11 |
| Tax Refund | 145.65 |
| Interest Amount | 9.46 |
The company stated that the receipt of this tax refund and assessment order has no impact on its financial, operational, or other activities.
QUESS Stock Price Movement
Shares of Quess Corp Limited are edging higher to ₹197.53 as of 3:13 PM today, gaining 3.89% in live trading. The equity sees sustained momentum, bolstered by high trading activity of 154,744 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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