TeamLease Services Q3 Results: Revenue Hits ₹30B, YTD EBITDA Surges 24%
TeamLease Services delivered exceptional Q3 performance with revenue of ₹30 billion and consolidated net profit surging 50% to ₹420 million. The company reported 24% year-over-year increase in YTD EBITDA, demonstrating strong operational efficiency and establishing a solid foundation for future growth while expecting to fully manage BFSI headcount reduction impact by Q1FY27.
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TeamLease Services has delivered exceptional financial performance in the third quarter, reporting revenue of ₹30.00 billion compared to ₹29.00 billion in the corresponding quarter last year. The company also achieved consolidated net profit of ₹420.00 million alongside improved EBITDA metrics, demonstrating robust operational efficiency across key financial parameters.
Comprehensive Q3 Financial Performance
The company's third quarter results showcase substantial improvements across multiple financial metrics:
| Financial Metric: | Q3 Current Year | Q3 Previous Year | Growth/Change |
|---|---|---|---|
| Revenue: | ₹30.00 billion | ₹29.00 billion | +3.45% |
| Consolidated Net Profit: | ₹420.00 million | ₹280.00 million | +50.00% |
| EBITDA: | ₹423.00 million | ₹349.00 million | +21.20% |
| EBITDA Margin: | 1.40% | 1.20% | +20 bps |
Strong Revenue and Profitability Growth
TeamLease Services achieved revenue growth with quarterly revenue reaching ₹30.00 billion compared to ₹29.00 billion in the same quarter of the previous year. More significantly, the company delivered a remarkable 50% year-on-year increase in consolidated net profit, rising from ₹280.00 million to ₹420.00 million. This ₹140.00 million absolute increase demonstrates enhanced operational efficiency and effective business execution strategies.
The EBITDA performance further reinforced the positive trajectory, with earnings reaching ₹423.00 million compared to ₹349.00 million in the corresponding quarter of the previous year, representing a solid 21.20% year-on-year growth.
Year-to-Date EBITDA Performance and Future Outlook
TeamLease Services has reported a significant 24% year-over-year increase in year-to-date EBITDA, establishing a solid foundation for future growth. This strong YTD performance demonstrates the company's consistent operational improvements and strategic execution capabilities throughout the period.
| Key Performance Indicator: | Details |
|---|---|
| YTD EBITDA Growth: | +24% year-over-year |
| Growth Foundation: | Solid base for future expansion |
| BFSI Impact Management: | Expected completion by Q1FY27 |
Margin Expansion and Operational Efficiency
The company's EBITDA margin expanded to 1.40% from 1.20% year-on-year, indicating improved operational leverage and cost management. The 20 basis points margin improvement reflects TeamLease Services' focus on enhancing profitability while maintaining business sustainability. The company expects to fully manage the impact of BFSI headcount reduction by Q1FY27, demonstrating proactive planning for sector-specific challenges.
Business Performance and Strategic Management
The comprehensive financial improvements across revenue, net profit, EBITDA, and margin metrics showcase TeamLease Services' operational capabilities and strategic execution. The 24% year-over-year increase in YTD EBITDA, combined with strong quarterly performance, positions the company favorably for sustained growth. The management's clear timeline for addressing BFSI sector headcount reduction impacts reflects strategic foresight and operational planning capabilities.
Historical Stock Returns for Teamlease Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.51% | +8.99% | -5.31% | -18.64% | -37.82% | -45.16% |
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