Q2 2025 TeamLease Services Ltd Earnings Call Transcript
Key Points
- TeamLease Services Ltd (BOM:539658) reported a significant headcount addition of 18,000 in Q2 FY25, indicating strong growth in staffing.
- The company achieved a 26% year-on-year revenue increase in Q2, showcasing robust financial performance.
- TeamLease Services Ltd (BOM:539658) added 37 new client logos in Q2, reflecting successful client acquisition strategies.
- The company is investing in a high-tech platform expected to enhance hiring efficiency and reduce costs, set to go live in FY26.
- Specialized staffing saw an EBITA increase of 18% year-on-year, driven by cost optimization and strategic focus on high-margin projects.
- Specialized staffing experienced a net de-growth, although stabilization is expected in future quarters.
- The BFSI sector faces regulatory scrutiny, potentially impacting growth in Q3.
- High input costs and inflation have led to flat performance in core consumer businesses.
- Subcontracting costs have increased significantly, impacting overall cost structure.
- General staffing P/APM saw a marginal decline, affecting profitability despite efficiency improvements.
Ladies and gentlemen, good day. And welcome to the Teamlease quarter two earnings conference call hosted by HDFC Securities.
(Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Amit Chandra from HDFC Securities. Thank you and over to you, sir.
Yeah. Thank you and thank you and good evening everyone on behalf of DC Securities, we welcome you all to the team leads quarter to F 25 earnings call. Today we have with us, the management team of team leads represented by Mr. Ashok Reddy, MD and CEO; Mr. Kartik Narayan, CEO Staffing; and Ms. Ramani Dathi, CFO.
I will now hand over the call to the management for the opening remarks post which we can start the question association. Thank you and over to you, Ashok.
Thank you, Amit. Good evening. And Thank you all for joining the call. We also will be covering the
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