Team Lease Services' Q2 FY 2025-26 Quarterly Results

Result Summary

• Team Lease Services Ltd reported a 4.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.3%.
• Its expenses for the quarter were up by 4.6% QoQ and 8.3% YoY.
• The net profit increased 11.3% QoQ and increased 12.0% YoY.
• The earnings per share (EPS) of Team Lease Services Ltd stood at 16.41 during Q2 FY 2025-26.

Financial Statments for Q2 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 human resource and staffing industry in India. The company primarily offers services related to temporary staffing, permanent recruitment, payroll and compliance outsourcing, skill development, and vocational education. Team Lease Services has established itself as a significant contributor in the employment sector by providing a wide range of services to diverse industries. As of the latest updates available prior to October 2023, there are no specific major developments publicly reported for this company. However, it consistently focuses on expanding its services and enhancing operational efficiencies to cater to the evolving needs of the workforce market.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Team Lease Services Ltd reported a total income of ₹3,040.77 crores. This marks an increase from ₹2,904.03 crores in the first quarter of the same fiscal year (Q1FY26) and ₹2,807.52 crores in the equivalent quarter of the previous fiscal year (Q2FY25). The quarter-over-quarter (QoQ) growth rate for total income stands at 4.7%, reflecting a steady upward trajectory in revenue generation. On a year-over-year (YoY) basis, the company witnessed an 8.3% growth in total income compared to Q2FY25. This data suggests a positive trend in revenue performance over both the quarterly and annual timelines.

Profitability

For Q2FY26, Team Lease Services Ltd achieved a profit before tax (PBT) of ₹28.88 crores, showing a notable increase from ₹25.96 crores in Q1FY26 and ₹25.91 crores in Q2FY25. The QoQ growth rate for PBT is 11.2%, while the YoY growth rate is 11.5%. After accounting for tax expenses, the profit after tax (PAT) for Q2FY26 is reported at ₹27.84 crores, compared to ₹25.01 crores in Q1FY26 and ₹24.85 crores in Q2FY25, resulting in an 11.3% QoQ increase and a 12.0% YoY increase. The earnings per share (EPS) rose to ₹16.41 in Q2FY26 from ₹15.83 in Q1FY26 and ₹14.66 in Q2FY25, indicating a 3.7% QoQ and an 11.9% YoY increase.

Operating Metrics

The total expenses for Team Lease Services Ltd in Q2FY26 reached ₹3,011.89 crores, showing an increase from ₹2,878.07 crores in Q1FY26 and ₹2,781.61 crores in Q2FY25. The expenses grew by 4.6% QoQ and 8.3% YoY, mirroring the growth in total income. The tax expense for the quarter was ₹1.17 crores, a slight decrease from ₹1.25 crores in Q1FY26, but an increase from ₹1.06 crores in Q2FY25, resulting in a 6.4% decrease QoQ and a 10.4% increase YoY. These metrics highlight the company's efforts in managing its operations and tax obligations effectively.