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Team Lease Services Ltd Q2FY24; 12% fall in Profits

Team Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance.

Financial Results:

Team Lease Services Ltd reported Revenues for Q2FY24 of ₹2,273.00 Crores up from ₹1,955.00 Crore year on year, a rise of 16.27%.

Total Expenses for Q2FY24 of ₹2,256.00 Crores up from ₹1,934.00 Crores year on year, a rise of 16.65%.

Consolidated Net Profit of ₹28.00 Crores down 12.5% from ₹32.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹15.95, down 14.57% from ₹18.67 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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