TeamLease Services Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 08, 2023 at 04:43 am EST
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TeamLease Services Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 22,726 million compared to INR 19,550.5 million a year ago. Revenue was INR 22,856.4 million compared to INR 19,668.7 million a year ago. Net income was INR 272.7 million compared to INR 319.2 million a year ago. Basic earnings per share from continuing operations was INR 16.26 compared to INR 18.67 a year ago. Diluted earnings per share from continuing operations was INR 16.26 compared to INR 18.67 a year ago.
For the six months, sales was INR 44,442 million compared to INR 38,344.4 million a year ago. Revenue was INR 44,712.8 million compared to INR 38,585.2 million a year ago. Net income was INR 536.7 million compared to INR 584.4 million a year ago. Basic earnings per share from continuing operations was INR 31.79 compared to INR 34.18 a year ago. Diluted earnings per share from continuing operations was INR 31.79 compared to INR 34.18 a year ago.
TeamLease Services Limited is an India-based company engaged in the business of providing manpower services. The Company is primarily focused on providing a gamut of HR services that include staffing services, temporary recruitment, permanent recruitment, payroll process outsourcing, regulatory compliance services, vocational training/education and assessments, technology-led specialized academic services, and end-to-end hiring technology driven services. Its segments include General Staffing and Allied Services, Specialised Staffing Services, and Other HR Services. Its General Staffing and Allied Services segment comprises staffing operations, temporary recruitment, payroll, and the National Employability Through Apprenticeship Program (NETAP). The Specialised Staffing Services segment comprises information technology (IT) staffing and telecom staffing operations. Its Other HR Services segment comprises permanent recruitment, regulatory compliance, and training operations.
TEAMLEASE SERVICES LIMITED 
