Team Lease Services' Q1 FY 2025-26 Quarterly Results

Result Summary

• Team Lease Services Ltd reported a 19.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.0%.
• Its expenses for the quarter were up by 19.3% QoQ and 11.8% YoY.
• The net profit decreased 11.1% QoQ and increased 29.1% YoY.
• The earnings per share (EPS) of Team Lease Services Ltd stood at 15.8 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Team Lease Services Ltd is a prominent player in the Indian human resource services sector. The company specializes in providing staffing solutions, skill development, and employment services. Team Lease Services is known for its comprehensive suite of temporary staffing, payroll processing, and permanent recruitment services. It plays a crucial role in bridging the gap between job seekers and employers across various industries. The company's focus on skill development and vocational education further enhances its service offerings, aligning with national initiatives to improve employability. As of the latest updates available up to October 2023, any recent major developments beyond this period are not available.

Revenue

In Q1FY26, Team Lease Services Ltd reported a total income of ₹2,904.03 crores, marking a significant increase compared to both the previous quarter and the same quarter in the prior year. The total income grew by 19.0% quarter-over-quarter (QoQ) from ₹2,441.06 crores in Q4FY25. On a year-over-year (YoY) basis, the revenue increased by 12.0% from ₹2,593.93 crores in Q1FY25. This growth reflects an upward trend in the company's revenue generation capabilities over both the previous quarter and the corresponding quarter of the previous year.

Profitability

For the profitability metrics of Team Lease Services Ltd, the profit before tax in Q1FY26 stood at ₹25.96 crores, which reflected a decrease of 12.2% from the preceding quarter's ₹29.56 crores. However, when compared to the same quarter in the previous fiscal year, there was a notable increase of 28.6% from ₹20.19 crores in Q1FY25. The profit after tax in Q1FY26 was ₹25.01 crores, down by 11.1% from Q4FY25 but up by 29.1% YoY from ₹19.37 crores. The earnings per share (EPS) for Q1FY26 was recorded at ₹15.80, which was a 3.7% decline from ₹16.40 in Q4FY25, but a 27.4% increase from ₹12.40 in Q1FY25. These figures illustrate the company's profitability dynamics across different periods.

Operating Metrics

The total expenses for Team Lease Services Ltd in Q1FY26 were ₹2,878.07 crores, which represented a 19.3% increase from the previous quarter's expenses of ₹2,411.50 crores. Compared to the same quarter in the previous year, expenses increased by 11.8% from ₹2,573.74 crores. The tax paid in Q1FY26 was ₹1.25 crores, a decrease of 12.6% from ₹1.43 crores in the previous quarter, but an increase of 52.4% from ₹0.82 crores in Q1FY25. The financial data indicates significant movements in these operating metrics on both a quarterly and annual basis, reflecting the company's operational cost structure and tax obligations.