Quarterly Result31 Jul 2025, 04:11 pm
TeamLease Services Ltd Reports Q1'FY26 Financial Results: 12% YoY Revenue Growth, 39% YoY EBITDA Growth
AI Summary
TeamLease Services Limited, one of India’s largest staffing companies, announced its results for the first quarter (Q1FY26) of the financial year ending March 31, 2026. The company reported a 1.3% quarter-over-quarter (QoQ) increase in total revenue, reaching 2,904 crores, and a 12.0% year-over-year (YoY) increase from Q1FY25. Operating revenue also increased by 1.2% QoQ and 12.1% YoY, totaling 2,891 crores. EBITDA and profit before tax (PBT) decreased by 35.1% and 34.1% QoQ, respectively, but increased by 39.1% and 30.1% YoY. The company added approximately 5,000 headcount, including 110 net adds in specialized staffing business, and 118 new logos during the quarter.
Key Highlights
- Added ~5k headcount including 110 net adds in specialized staffing business
- 19k associates added YoY despite headwinds in BFSI and IT services
- EBITDA grew by 39% YoY, backed by consistent operative leverage and volume growth
- Net free cash stands at Rs.300cr, excluding TDS refundable of ~Rs.300cr
- 118 new logos were added during the quarter