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Teamlease's Management On Q3 Earnings, Growth In FY24, Margin Expansion | Teamlease Share Price

Teamlease's Management On Q3 Earnings, Growth In FY24, Margin Expansion | Teamlease Share Price

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • Feb 6, 2024,
  • Updated Feb 6, 2024, 3:57 PM IST

 

Live on BTTV, Sakshi Batra engages in a discussion with Ramani Dathi, CFO of TeamLease Services, shedding light on the latest Q3 earnings and growth forecasts of the company. Teamlease Services' Q3 FY24 results reveal a notable 21.76% surge in revenue and a 7.06% uptick in profit year-over-year. Sequentially, revenue and profit grew by 7.6% and 13.68% respectively. Operating income witnessed a substantial 38.06% increase quarter-over-quarter and 27.96% year-over-year. Despite a 2.53% decrease in EPS compared to the previous year, Teamlease Services exhibited varied returns: -10.31% in the last week, 20.49% in the last 6 months, and -12.7% year-to-date. The company currently boasts a market cap of ₹4679.77 Cr, with a 52-week high/low of ₹3325.3 and ₹2007.25 respectively.

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