Teamlease Services Ltd consolidated Q3FY23 PAT slips to Rs. 28.95 crores

Teamlease Services Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2018.2462 crores during the period ended December 31, 2022 as compared to Rs. 1966.8758 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 28.9557 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 31.9183 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 16.94 for the period ended December 31, 2022 as compared to Rs. 18.67 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹2018.2462 crs	₹1966.8758 crs	2.61%
Net Profit	₹28.9557 crs	₹31.9183 crs	-9.28%
EPS	₹16.94	₹18.67	-9.27%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.2018.2462 crores during the period ended December 31, 2022 as compared to Rs.1767.1794 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.28.9557 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.29.9693 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.16.94 for the period ended December 31, 2022 as compared to Rs.17.53 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹2018.2462 crs	₹1767.1794 crs	14.21%
Net Profit	₹28.9557 crs	₹29.9693 crs	-3.38%
EPS	₹16.94	₹17.53	-3.37%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.5876.7752 crores during the 9 Months period ended December 31, 2022 as compared to Rs.4677.4808 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.87.3991 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.7.5635 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.51.12 for the 9 Months period ended December 31, 2022 as compared to Rs.4.42 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹5876.7752 crs	₹4677.4808 crs	25.64%
Net Profit	₹87.3991 crs	₹7.5635 crs	1,055.54%
EPS	₹51.12	₹4.42	1,056.56%

Shares of Teamlease Services Limited was last trading in BSE at Rs. 2412.35 as compared to the previous close of Rs. 2438.20. The total number of shares traded during the day was 681 in over 290 trades.

The stock hit an intraday high of Rs. 2486.80 and intraday low of 2358.35. The net turnover during the day was Rs. 1637510.00.

Source : Equity Bulls

Keywords

TeamleaseServices Q3FY23 9MFY23 ResultUpdate