TeamLease Services Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
January 25, 2023 at 04:10 am EST
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TeamLease Services Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 20,082.76 million compared to INR 17,620.78 million a year ago. Revenue was INR 20,182.46 million compared to INR 17,671.79 million a year ago. Net income was INR 289.56 million compared to INR 299.69 million a year ago. Basic earnings per share from continuing operations was INR 16.94 compared to INR 17.53 a year ago. Diluted earnings per share from continuing operations was INR 16.94 compared to INR 17.53 a year ago.
For the nine months, sales was INR 58,427.23 million compared to INR 46,624.13 million a year ago. Revenue was INR 58,767.75 million compared to INR 46,774.81 million a year ago. Net income was INR 873.99 million compared to INR 75.64 million a year ago. Basic earnings per share from continuing operations was INR 51.12 compared to INR 4.42 a year ago. Diluted earnings per share from continuing operations was INR 51.12 compared to INR 4.42 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 
