Quarterly Result5 Nov 2026, 05:02 pm
TeamLease Q2FY27: Revenue +4% YoY, PBT +19% YoY
AI Summary
TeamLease Services Limited announced its unaudited financial results for Q2FY27, reporting a 4% year-on-year increase in total revenue to ₹3,086 crore. Profit Before Tax (PBT) saw a significant 19% YoY growth. The company added 114 new client logos during the quarter and completed the divestment of its 30% stake in Crystal HR with no capital loss. Despite a planned exit of approximately 8,000 associates, primarily in low-margin staffing, the company maintained a net free cash position of ₹350 crore post-buyback. Specialised Staffing, driven by GCC clients, continued to deliver profitable growth.
Key Highlights
- Total revenue grew 4% YoY to ₹3,086 crore in Q2FY27.
- Profit Before Tax (PBT) increased by 19% year-on-year.
- 114 new client logos were added across all businesses.
- Divestment of 30% in Crystal HR was completed with no capital loss.
- Net free cash stood at ₹350 crore post-buyback.
Price Impact
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