Team Lease Q1FY18 PAT declines 51.4% sequentially
DSIJ Intelligence / 08 Aug 2017
Team Lease Services Ltd reported its results for the quarter ended June 30, 2017 today. The company's total sales for Q1FY18 came in at Rs 852.9 crore, which represents a 4.4 per cent sequential increase and 24.1 per cent YoY increase.
Team Lease Services Ltd reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 852.9 crore, which represents a 4.4 per cent sequential increase and 24.1 per cent YoY increase.
Its EBITDA for the quarter increased 6.1% QoQ at Rs 15.01 crore and its EBITDA margin stood at 1.76%.
The company reported net profit of Rs 16.41 crore, which represents a sequential QoQ decline of 51.4% but a YoY increase of 156.8%.
Team Lease Services Ltd is an India-based company engaged in employment activities. The company operates as a temporary staffing company and provides human resource services to various industries
The company's stock opened at Rs 1408.0 on the BSE and closed at Rs 1440.0 after touching an intra-day high of Rs 1458.0
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