TeamLease Services posts 27% profit rise as staffing demand grows

TeamLease Services has posted a 27 per cent jump in its fourth-quarter profit, owing to steady demand for staffing solutions across various sectors.

For the quarter ending 31 March, the company’s consolidated net profit climbed to ₹34.96 crore (approximately $4.09 million), up from ₹27.48 crore in the same period last year.

The rise in recruitment across industries like consumer goods and telecom gave a strong push to TeamLease’s core general staffing business.