TeamLease Services Ltd
P&L
Quarterly Consolidated
vs Q1 FY26
TeamLease Reports 24% QoQ Growth in EBITDA for Q2FY26
05 Nov 2025 · 5 Nov 2025, 04:01 pm
Summary
TeamLease Services Limited, one of India’s largest staffing companies, announced its results for the second quarter (Q2FY26) and half year (H1FY26) of the financial year ending March 31, 2026. The company reported a 24% QoQ growth in EBITDA.
Key Highlights
- 1
Added 11,000 headcounts including 315 net adds in specialized staffing business in Q2FY26
- 2
H1YoY EBITDA grew by 25%
- 3
140 new logos were added during the quarter
- 4
General Staffing headcount grew by 3% on QoQ basis and Revenue up by 4% on QoQ
- 5
Degree Apprenticeship (DA) saw a net add of 2,600 headcounts for the quarter
- 6
Specialized Staffing gross revenue grew by 8% on QoQ
- 7
HR Services breakeven EBITDA for the quarter
Management Comments
Mr. Ashok Reddy
Managing Director, TeamLease Services Limited
We had an overall decent quarter with 11k net adds and 24% QoQ growth in EBITDA. GCC focused approach in Specialised staffing with diversified product offerings had helped with growth momentum in both revenues and profits. While BFSI headwinds in general staffing persists, contribution from retail, e-comm, consumer and telecom verticals are promising. We are confident of expanding the overall EBITDA for the year with continued focus on growth and operating leverage.
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