Teamlease Services Limited announced its consolidated financial results for Q4FY25 and the full fiscal year FY25 on 21 May 2025.
For Q4FY25, consolidated total revenue stood at ₹2,868 crore, a 2% decrease quarter-on-quarter but a 17% increase year-on-year. Operating revenue was ₹2,858 crore.
Consolidated EBITDA for Q4FY25 significantly grew by 37% quarter-on-quarter and 30% year-on-year to ₹48 crore, with an EBITDA margin of 1.7%. This growth was primarily attributed to catch-up billing in EdTech.
Consolidated Profit Before Tax (PBT) increased by 40% quarter-on-quarter and 35% year-on-year to ₹40 crore, while Profit After Tax (PAT) rose by 34% quarter-on-quarter and 35% year-on-year to ₹38 crore.
For the full fiscal year FY25, consolidated total revenue reached ₹11,201 crore, marking a 20% increase from FY24. Consolidated EBITDA for FY25 was ₹138 crore (up 6% YoY), and PAT was ₹110 crore (down 2% YoY).
The company experienced a loss of approximately 7,000 headcount at the group level during Q4FY25, primarily due to headwinds in the BFSI sector affecting General Staffing. Despite this, General Staffing added approximately 25,000 headcount for the full year.
Integration of TSR Darashaw HR Services and Crystal HR is completed, enhancing HR Services.
Specialized Staffing revenue grew by 7% quarter-on-quarter, boosted by the acquisition of Ikigai Enablers Pte., which is expected to facilitate expansion of the IT staffing business in Singapore and the Middle East.
Degree Apprenticeship (DA) saw marginal headcount addition for the quarter, adding 2,500 trainees for the year.
The company added 107 new client logos during the quarter and maintained a free cash balance of ₹310 crore.
Teamlease Services aims to become the largest private sector employer in India and the largest staffing company globally by headcount, reflecting its long-term vision of "Putting India to Work."