Quarterly Result21 May 2025, 05:02 pm
TeamLease Reports 20% Topline Growth in FY25 Despite BFSI Headcount Attrition
AI Summary
TeamLease Services Limited, one of India’s largest staffing companies, announced its results for Q4FY25 and the financial year ending March 31, 2025. Despite a 2% decline in revenue QoQ due to scheduled BFSI headcount attrition, the company maintained a 20% topline growth for the year. EBITDA grew by 37% QoQ, backed by catch-up billing in Edtech and inorganic contribution. The company added approximately 25,000 associates in general staffing during the year. The acquisition of Ikigai Enablers will bolster its IT staffing footprint in Singapore and the Middle East. The integration of TSR Darashaw and Crystal HR positions TeamLease to scale its HRTech capabilities more effectively.
Key Highlights
- 20% topline growth for the year despite a 2% decline in revenue QoQ
- EBITDA grew by 37% QoQ
- Approximately 25,000 associates added in general staffing during the year
- Acquisition of Ikigai Enablers to bolster IT staffing footprint in Singapore and the Middle East
- Integration of TSR Darashaw and Crystal HR to scale HRTech capabilities more effectively