Categories Earnings, Technology

Team Lease Services Ltd Q4FY23 results out, revenue grows by 12%

Team Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance. Its major business segments are: General staffing, Specialized staffing, HR Services. In fiscal 2017, it entered specialised staffing segment by acquiring three companies in information technology (IT) staffing, and since then, has made a number of acquisitions. In fiscal 2019, TeamLease picked up stake in Avantis Regtech for Rs 5 crore and acquired the IT staffing vertical of eCentric Solutions, and in fiscal 2020, acquired IMSI Staffing, which provides IT infrastructure staffing solutions.

  • Team Lease Services Ltd reported Total revenue for Q4 FY23 of ₹2,027 Crore, up from ₹1,817 Crore year on year depicting a growth of 12%.
  • Total Expenses for Q4 FY23 of ₹1,994 Crore up, from ₹1,776 Crore year on year, a growth of 12%. 
  • Consolidated Net Profit of ₹24 Crore, down 25% from ₹32 Crore in the same quarter of the previous year.
  •  The Earnings per Share is ₹14, down 22% from ₹18.05 in the same quarter of the previous year.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,

Top