Teamlease Services Limited — Updates, 06-11-2024: Press Release

TeamLease Services Limited reported its Q2FY25 results, showing an 8% QoQ and 23% YoY increase in revenue to ₹2,808 crores. The headcount rose by 6% QoQ to 350,240, with strong growth in general staffing. EBITDA improved by 50% QoQ, and profit after tax increased by 28% to ₹25 crores. The company is investing in a new HireTech platform to reduce hiring costs. Management is optimistic about maintaining strong profit growth.