Pay variance between temporary and permanent jobs reduces across sectors: report
Over 41 per cent of job profiles in various industries have a pay difference of just 5 per cent between permanent and temporary roles, says the report by TeamLease
Average salary in e-commerce, tech start-ups at a five-year low: Report
The average salary in the hospitality sector also fell to a five-year low in FY22: TeamLease report TeamLease Services Ltd - 539658 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
TeamLease: Transcript of Q4FY23 Earnings Call
Neutral TeamLease; target of Rs 2430: Motilal Oswal
Motilal Oswal recommended Neutral rating on TeamLease with a target price of Rs 2430 in its research report dated May 18, 2023. TeamLease Services Ltd - 539658 - Teamlease: Revised Declaration Under Regulation 33(3)(D) Of SEBI Listing Obligations And Disclosure Requirements (LODR) Regulations, 2015
TeamLease: Revised Declaration under Regulation 33(3)(d) of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 TeamLease Services Ltd - 539658 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
TeamLease: Audio Recording of Q4FY23 Earnings Call
TeamLease Services Q4 net profit dips by 22.92% to Rs 24.37 crore
Staffing company TeamLease Services on Wednesday reported a 22.92 per cent decline in consolidated net profit at Rs 24.37 crore compared to the same period in the previous financial year. The company's net profit stood at Rs 31.62 crores during the corresponding quarter of the previous fiscal, TeamLease Services said in a regulatory filing. Revenue from operations of the company grew by 11.54 per cent during the quarter under review at Rs 2,027.27 crore compared to Rs 1,817.41 crore in the same period in the previous fiscal. TeamLease Services Managing Director Ashok Reddy said the general staffing business has witnessed uniform growth across industry verticals with a strong outlook for upcoming quarters. Margins have come under pressure due to external variables impacting the higher margin businesses of specialised staffing and DA, he stated. Rituparna Chakraborty will be stepping down from her executive role and transitioning to a non-executive board member. This transition, aft TeamLease Services Ltd - 539658 - Teamlease-Related Party Transactions For The Half Year Ended March 31, 2023.
TeamLease-Related Party Transactions for the half year ended March 31, 2023. Q4FY23 Quarterly Result Announced for TeamLease Services Ltd.
Commercial Services company TeamLease Services announced Q4FY23 results: At the group level, revenue grew over 22% on a YoY basis & 1% QoQ. General Staffing: We have added net ~8k headcount in Q4FY23 with net headcount addition of 29k with 15% YoY growth. Revenue up 23% on YoY basis and 1% QoQ. Degree Apprenticeship (DA): Headcount dropped by 9k on account of discontinuance of the NEEM program. Including the impact of Q3 headcount, net revenue drops by Rs 5 crore in Q4FY23. Specialised Staffing: Headcount is down by ~600 in Q4FY23 owing to headwinds in the IT Industry. We have taken up cost control measures in both Specialised staffing and DA. HR Services: Revenue is up by 16% QoQ contributed by catchup of deferred billing in the University P&L.; Annual revenue growth of EdTech vertical stood at 18% and RegTech at 51%. Mr. Ashok Reddy, Managing Director, TeamLease Services Limited commenting on the quarterly results said, “General staffing business has witnessed uniform growth across industry verticals with a strong outlook for upcoming quarters. Margins have come under pressure due to external variables impacting the higher margin businesses of Specialized staffing and DA. “Ritu will be stepping down from her executive role and transitioning to a non-executive Board member. This transition, after having built TeamLease for 20 years will give her the space to pursue a different set of challenges in the years ahead. She leaves TeamLease as a far larger, stronger organization and we will always be grateful for her contribution & commitment to TeamLease and to our Cause of "Putting India to Work". Thank you Ritu for the many years of work, passion, and commitment and for building TeamLease to where we are today.” Result PDF
