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EBITDA stood at Rs 42.5 crore, registering the growth of 22% compared with Rs 38.4 crore in Q3 FY25. EBITDA margin improved to 1.41% in Q3 FY26 as against 1.2% in Q3 FY25.
Revenue from specialized staffing segment jumped 7% YoY to Rs 7,165 crore, with the GCC segment remaining a key growth driver for the company, contributing over 65% of total revenue through both volume and stability.
Revenue from Degree Apprenticeship stood at Rs 46,000 crore(down 3% YoY), while General staffing stood at Rs 2,82,000 crore (down 6% YoY) during the period under review.
The company’s headcount dropped 5% YoY to 335,165 in Q3 FY26.
Ashok Reddy, executive vice chairman & whole-time director, TeamLease Services, said, “Our initiatives on digitization and cost optimization have been consistently contributing to operating leverage. Despite general slowness in the economy, our new logo acquisition is stable, including the GCC wins. Our YTD EBITDA grew 24% YoY setting a strong base for the future. Full impact of BFSI headcount loss will be absorbed by Q1FY27.”
Team Lease Services provides to its clients a gamut of HR services that include staffing services, temporary recruitment, permanent recruitment, payroll process outsourcing, regulatory compliance services, vocational training / education and assessments.
The Board of Directors of TeamLease has appointed Suparna Mitra as the Managing Director & Chief Executive Officer (MD & CEO) of TeamLease Services, effective 02 February 2026, to succeed Ashok Reddy, the current Managing Director & CEO. Manish Sabharwal will step down from his executive responsibilities but continue as a Non-Executive Non-Independent Director. Narayan Ramachandran will continue in his role as the Chairman.
Ashok, in his new role as Executive Vice Chairman, will work with Suparna to ensure a seamless transition and support her on long-term strategy, horizontal projects and building adjacencies.
Team Lease Services Ltd, Thangamayil Jewellery Ltd, Poly Medicure Ltd and Asahi India Glass Ltd are among the other gainers in the BSE's 'A' group today, 24 November 2025.
ITI Ltd surged 9.61% to Rs 326.15 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 11.27 lakh shares were traded on the counter so far as against the average daily volumes of 56559 shares in the past one month.
Team Lease Services Ltd soared 9.18% to Rs 1812. The stock was the second biggest gainer in 'A' group. On the BSE, 1.17 lakh shares were traded on the counter so far as against the average daily volumes of 3025 shares in the past one month.
Thangamayil Jewellery Ltd spiked 7.63% to Rs 3247.8. The stock was the third biggest gainer in 'A' group. On the BSE, 6075 shares were traded on the counter so far as against the average daily volumes of 22379 shares in the past one month.
Poly Medicure Ltd gained 6.53% to Rs 1998.15. The stock was the fourth biggest gainer in 'A' group. On the BSE, 31638 shares were traded on the counter so far as against the average daily volumes of 11785 shares in the past one month.
Asahi India Glass Ltd rose 6.41% to Rs 1045.75. The stock was the fifth biggest gainer in 'A' group. On the BSE, 50730 shares were traded on the counter so far as against the average daily volumes of 10679 shares in the past one month.