SQS India BFSI Ltd delivered a modest performance in Q1FY18, with earnings (PAT) coming in at Rs 8.7 Cr, down 3.3% Y-o-Y on account of decline in sales and higher employee expenses (% of sales). In Q1FY18, employee expenses as a percentage of sales were reported at 64.7% as against 59.9% in Q1FY17. ..