Teamlease Services Limited — Important, 06-11-2024: Financial Result Updates

TeamLease Services Limited reported strong Q2 FY25 results, achieving a revenue increase of 8% quarter-over-quarter and 23% year-over-year to ₹2,808 crores. The operating headcount rose to 350,240. EBITDA improved by 50%, driven by enhanced operational efficiency. However, profit after tax decreased by 10% YoY to ₹25 crores. The company continues to expand in HR services and is investing in technology platforms aimed at reducing hiring costs.