TeamLease Services
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CNBC TV1804-02-2026, 15:20

TeamLease Q3 Profit Jumps 47%, Shares Surge; Specialised Staffing Revenue Up 30%

  • TeamLease Services reported a 46.8% year-on-year increase in net profit to ₹41.7 crore for Q3FY26, driven by margin expansion and operating leverage.
  • Revenue grew modestly by 3% to ₹3,013 crore, while EBITDA rose 22% to ₹42.4 crore, expanding the margin to 1.4%.
  • Specialised Staffing revenue saw a strong 30% year-on-year growth, with Global Capability Centers (GCCs) contributing over 65% to this segment.
  • The company added 107 new logos, including 22 in General Staffing, but experienced a reduction of approximately 27,000 associates due to insourcing by BFSI clients.
  • Shares of TeamLease Services surged over 8% to an intraday high of ₹1,594.80 following the positive earnings announcement.

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