Team Lease Services' Q1 FY 2026-27 Quarterly Results

Result Summary

• Team Lease Services Ltd reported a 3.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 5.2%.
• Its expenses for the quarter were up by 4.2% QoQ and 4.9% YoY.
• The net profit decreased 25.2% QoQ and increased 37.7% YoY.
• The earnings per share (EPS) of Team Lease Services Ltd stood at 20.79 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Team Lease Services Ltd is a prominent player in the human resources and staffing industry, primarily operating in India. The company provides a wide range of services, including temporary staffing, permanent recruitment, payroll processing, and compliance management. Team Lease has established itself as a key facilitator in connecting job seekers with employers across various sectors. The company is known for its comprehensive workforce solutions, helping businesses address their staffing needs efficiently. As of the latest reports, there have been no major developments or changes in the company's strategic direction that are publicly available.

Revenue

For the first quarter of the fiscal year 2027 (Q1FY27), Team Lease Services Ltd reported a total income of ₹3056.20 crores, reflecting a 3.7% increase quarter-over-quarter (QoQ) from ₹2948.54 crores in Q4FY26. Year-over-year (YoY), the total income saw a growth of 5.2% when compared to ₹2904.03 crores in Q1FY26. This consistent upward movement in revenue highlights the company’s ability to maintain business momentum and expand its income base over the past quarters. The revenue growth can be attributed to the company's diversified service offerings and its robust client base across different industries.

Profitability

During Q1FY27, Team Lease Services Ltd recorded a profit before tax of ₹35.96 crores, which represents a significant decline of 29.9% QoQ from ₹51.31 crores in Q4FY26. However, when compared to the same quarter in the previous year (Q1FY26), there was an increase of 38.5% from ₹25.96 crores. The profit after tax for the same period stood at ₹34.45 crores, showing a decrease of 25.2% QoQ from ₹46.05 crores in Q4FY26, but an increase of 37.7% YoY from ₹25.01 crores. Earnings per share (EPS) were reported at ₹20.79, which is a decrease of 20.6% QoQ from ₹26.18 in Q4FY26 and an increase of 31.3% YoY from ₹15.83 in Q1FY26. These figures reflect the company's ability to improve profitability on a yearly basis despite the QoQ decline.

Operating Metrics

The company's total expenses for Q1FY27 were ₹3020.24 crores, marking a 4.2% increase QoQ from ₹2897.23 crores in Q4FY26 and a 4.9% increase YoY from ₹2878.07 crores in Q1FY26. The tax expense for the quarter was ₹1.81 crores, which decreased significantly by 67.4% QoQ from ₹5.56 crores in Q4FY26, but increased by 44.8% YoY from ₹1.25 crores in Q1FY26. These operating metrics indicate the company’s expense management and tax strategy over the reported periods. The consistent increase in expenses suggests ongoing investments or operational costs associated with maintaining and potentially expanding business operations.