TeamLease Services Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 09, 2022 at 05:54 am EST
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TeamLease Services Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 19,550.53 million compared to INR 15,235.57 million a year ago. Revenue was INR 19,668.76 million compared to INR 15,289.59 million a year ago. Net income was INR 319.18 million compared to net loss of INR 494.78 million a year ago. Basic earnings per share from continuing operations was INR 18.67 compared to basic loss per share from continuing operations of INR 28.94 a year ago. Diluted earnings per share from continuing operations was INR 18.67 compared to diluted loss per share from continuing operations of INR 28.94 a year ago.
For the six months, sales was INR 38,344.48 million compared to INR 29,003.35 million a year ago. Revenue was INR 38,585.29 million compared to INR 29,103.01 million a year ago. Net income was INR 584.43 million compared to net loss of INR 224.06 million a year ago. Basic earnings per share from continuing operations was INR 34.18 compared to basic loss per share from continuing operations of INR 13.11 a year ago. Diluted earnings per share from continuing operations was INR 34.18 compared to diluted loss per share from continuing operations of INR 13.11 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 
