TeamLease Q3 Profit Jumps 47%, Shares Surge on Strong Specialized Staffing Growth

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Moneycontrol•04-02-2026, 15:30
TeamLease Q3 Profit Jumps 47%, Shares Surge on Strong Specialized Staffing Growth
- •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, improving the margin from 1.2% to 1.4%.
- •Specialized staffing revenue saw a significant 30% year-on-year growth, largely fueled by strong traction from Global Capability Centers (GCCs) contributing over 65% to the segment.
- •The company added 107 new logos, including 22 in general staffing, and received an income tax refund of ₹106.1 crore.
- •Shares of TeamLease Services surged over 8% to an intraday high of ₹1,594.80 following the positive earnings announcement.
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