TeamLease Services Ltd
P&L
Quarterly Consolidated
vs Q4 FY25
TeamLease Services Ltd Reports Q1'FY26 Financial Results: 12% YoY Revenue Growth, 39% YoY EBITDA Growth
31 Jul 2025 · 31 Jul 2025, 04:11 pm
Summary
TeamLease Services Ltd, one of India’s largest staffing companies, announced its results for Q1FY26. The company reported a 12% YoY revenue growth and a 39% YoY EBITDA growth. The total revenue stood at 2,904 with a headcount of 351,000.
Key Highlights
- 1
Added ~5k headcount including 110 net adds in specialized staffing business
- 2
Added ~19k associates despite headwinds in BFSI and IT services
- 3
EBITDA grew by 39% YoY
- 4
Net free cash stands at Rs.300cr, excluding TDS refundable of ~Rs.300cr
- 5
118 new logos were added during the quarter
- 6
Degree Apprenticeship (DA) saw a net add of 1700 headcount for the quarter
- 7
Specialized Staffing gross revenue grew by 22% on YoY basis
Management Comments
Mr. Ashok Reddy
Managing Director, TeamLease Services Limited
Despite persistent macro-economic headwinds affecting the BFSI and IT services verticals, we have delivered notable EBITDA growth on a year-on-year basis. Resilient demand from enterprise clients and tech profiles in Non-tech companies and Global Capability Centers, have helped sustain the growth momentum. With a sharp focus on operational efficiency, diversified service mix and financial discipline, we are gearing up for a steady profit expansion trajectory for the remainder of the fiscal year and delivering value to all stakeholders across business cycles.
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