Teamlease Services Q1 Results Live : profit falls by 21.26% YOY

Teamlease Services Q1 Results Live : Teamlease Services declared their Q1 results on 31 Jul, 2024. The topline increased by 18.8% & the profit decreased by 21.26% YoY.

As compared to the previous quarter the revenue grew by 6.08% and the profit decreased by 24.34%.

The Selling, general & administrative expenses rose by 6.23% q-o-q & increased by 17.52% Y-o-Y.

The operating income was down by 60.42% q-o-q & decreased by 33.96% Y-o-Y.

The EPS is ₹12.4 for Q1 which decreased by 20.15% Y-o-Y.

Teamlease Services has delivered 5.67% return in the last 1 week, 22.69% return in last 6 months and 9.97% YTD return.

Currently the Teamlease Services has a market cap of ₹5895.41 Cr and 52wk high/low of ₹3700 & ₹2180.1 respectively.

As of 01 Aug, 2024 out of 9 analysts covering the company, 2 analysts have given Strong Sell rating, 1 analyst has given Sell rating, 1 analyst has given Hold rating, 2 analysts have given Buy rating & 3 analysts have given Strong Buy rating.

The consensus recommendation as on 01 Aug, 2024 was to Hold.