TeamLease Q1 results show revenue up from 2037.16 crores to 2185.64 crores, a 7.29% increase in growth. EPS rise from ₹14 to ₹15.53, up by 10.93%.
First, Let’s Begin with Quarter-on-Quarter Basis:
TeamLease shared its Q1 results on Wednesday. They earned 2185.64 crores in revenue this quarter, but that’s more than the 2037.16 crores they made last quarter. The company’s growth increased by 7.29 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 26.40 crores, up from 23.94 crores in the previous quarter. Their quarter-to-quarter growth increased by 10.27 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹15.53, which is an increase of 10.93% from the ₹14 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 2185.64 crores this year (2023), which is 15.54 percent higher than last year’s total revenue of 1891.65 crores.
This year’s PAT (Profit After Tax) is 26.40 crores, which is also -0.46% lower than last year’s PAT of 26.52 crores.
The EPS (Earnings Per Share) for this year is ₹15.53, which is 0.13% more than the EPS of ₹15.51 earned last year.
Also Read: Shree Cement Q1FY24 Results: Consolidated PAT Rises to Rs. 572.30 Cr
TeamLease Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About TeamLease:
TeamLease Services Limited specializes in providing staffing and human resource services. Their range of offerings includes temporary staffing, permanent recruitment, payroll process outsourcing, regulatory compliance assistance, assessment services, and corporate training. The company conducts its business operations in India.
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