Teamlease Services Limited has informed the Exchange regarding a press release dated May 20, 2026, titled "TeamLease - Press Release pertaining to the Audited Financial Results (Standalone and Consolidated) for the quarter and Financial Year ended March 31, 2026".
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TeamLease Services reported strong FY26 results with total revenue of ₹11,859 crore, up 6% YoY. EBITDA grew 14% to ₹158 crore with margins expanding 10 bps to 1.34%. Profit before tax jumped 36% to ₹155.9 crore and profit after tax rose 33% to ₹147.1 crore. The company received income tax refunds of ₹143.1 crore, resulting in net free cash of ₹600 crore. The Board announced a buyback of up to 25% of free reserves. Headcount stood at 3,40,600, down 2% YoY, though Specialized Staffing grew 13% YoY. A one-time exceptional item of ₹5.68 crore was recorded for labour code implementation.
Strong bottom-line growth with margin expansion and a buyback announcement are positive signals for shareholders. The 33% PAT growth and improving cash position should support the stock price, though the staffing sector headwinds seen in headcount decline bear watching.