IT-BPM industry to add 3 lakh jobs this year: TeamLease Report
The industry is also projected to grow by 7 per cent in FY2023, as per TeamLease's Digital Employment Outlook Report.02-08-2022
02-08-2022
IT, BPM industry to add more 300,000 jobs by FY2023: TeamLease report
Companies looking for candidates with digital skills and engineering graduates from smaller cities01-08-2022
Hold TeamLease Services; target of Rs 3573: Prabhudas Lilladher
Prabhudas Lilladher recommended hold rating on TeamLease Services with a target price of Rs 3573 in its research report dated July 27, 2022.29-07-2022
TeamLease Services Ltd - 539658 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Q1FY23 Earnings Call29-07-2022
TeamLease Services Ltd - 539658 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
TeamLease: Audio Recording of Q1FY23 Earnings Call28-07-2022
TeamLease's PAT remains flat at 27 cr in Q1
In Q1, the TeamLease's headcount grew by 31 per cent27-07-2022
TeamLease Services Ltd - 539658 - Announcement under Regulation 30 (LODR)-Investor Presentation
TeamLease: Investor Presentation on Financial Results for Q1FY2327-07-2022
TeamLease Services Ltd - 539658 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
TeamLease: Press Release on Un-Audited Financial Results for the quarter ended June 30, 202227-07-2022
Q1FY23 Quarterly Result Announced for TeamLease Services Ltd.
TeamLease Services Announced Q1FY23 Result : At the group level, headcount and revenue grew over 30% on a YoY basis & 3% QoQ. PBT improved from Rs 24cr in Q1FY22 to Rs.28cr in Q1FY23, however, margins have dropped on account of an increase in associate salaries and investments in core teams. General Staffing: We have added net 13k headcount in Q1FY23 with growth of 6% on QoQ basis and 30% on YoY basis. Revenue up 4% QoQ and 37% on YoY basis. Degree Apprenticeship (NETAP): headcount is down by ~5k on account of absorption by a large client. Headcount grew by 30% on a YoY basis. IT Staffing: headcount up by 3% on QoQ basis and 25% on YoY basis. Revenue is flat on QoQ basis on account of product mix and up 26% YoY. We continue to maintain staffing funding exposure at 13% and overall DSO at 21days. PAPM has remained flat on a QoQ basis and FTE productivity has marginally improved from 346 in Q4FY22 to 350 in Q1FY23. Drop in sequential margin is largely because of annual salary appraisal of core employees, seasonality in EdTech business and higher salary inflation of associates. Mr. Ashok Reddy, Managing Director, TeamLease Services Limited commenting on the quarterly results said, “We have crossed 2 lakh billable headcount in staffing business with a net addition of 13k associates in the quarter. Our hiring capabilities over the last couple of years have improved substantially with over 50% of own hiring through a combination of technology interventions, verticalization and partnerships. 125 new logos have been acquired across our various businesses with a rigor on new client acquisition, hiring and service delivery. Volume growth and margin expansion continue to remain the primary goals for upcoming quarters. ” Result PDF27-07-2022
TeamLease Services Ltd - 539658 - Teamlease: Un-Audited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2022
TeamLease: Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 202227-07-2022