Sunday, 5 October, 2025
TeamLease Reports Strong Q1 Growth Amid IT Hiring Caution
TeamLease Services Ltd. reported a robust Q1 FY26, with net profit rising 27.7% to ₹26.5 crore and revenue increasing 12.1% to ₹2,891 crore. EBITDA also saw a significant rise of 37.7% to ₹30.6 crore. Despite these positive financials, the company faces challenges in its Specialized Staffing segment, particularly in IT hiring, due to muted demand and macroeconomic concerns, including issues related to the H1-B visa process.