TeamLease Services Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 17, 2023 at 06:24 am EDT
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TeamLease Services Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 20,272.74 million compared to INR 18,174.1 million a year ago. Revenue was INR 20,371.68 million compared to INR 18,220.69 million a year ago. Net income was INR 239.42 million compared to INR 308.65 million a year ago. Basic earnings per share from continuing operations was INR 14 compared to INR 18.05 a year ago. Diluted earnings per share from continuing operations was INR 14 compared to INR 18.05 a year ago.
For the full year, sales was INR 78,699.98 million compared to INR 64,798.23 million a year ago. Revenue was INR 79,139.43 million compared to INR 64,995.49 million a year ago. Net income was INR 1,113.41 million compared to INR 384.28 million a year ago. Basic earnings per share from continuing operations was INR 65.12 compared to INR 22.48 a year ago. Diluted earnings per share from continuing operations was INR 65.12 compared to INR 22.48 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 
