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TEAMLEASE · Teamlease Services Limited · Documents

1,008.70 INR +5.40 (+0.54%) At close · Nov 13
Volume · Nov 13 1311 Avg daily vol (3M) 8032

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Earnings call Q2 2027 earnings call Held Nov 5, 2026
2026
Nov 5
Earnings call
Operating EBITDA rises 17% sequentially amid headcount reset

TeamLease reported Q2 FY 2027 revenue of INR3,086 crores and operating EBITDA of INR44 crores, up 17% sequentially and 5% year-on-year. Headcount fell to approximately 2.85 lakh associates, while management prioritized higher-margin growth and completed a INR238 crores buyback.

6 source passages
Thank you. Good evening, everyone. On behalf of HDFC Securities, we welcome all to the TeamLease Quarter Two FY 2027 earnings call. The revenue for the quarter was INR3,086 crores, which is up 1% sequentially and year-on-year. Operating EBITDA was INR44 crores, up 17% sequentially and 5% year-on-year. In Q2 FY 2027, we closed the quarter at approximately 2.85 lakh associates, which is a net reduction of about 5,500 associates. We will direct capital, talent, and leadership attention to businesses with the strongest returns, including international geographies, while pursuing growth in general staffing. After completing the INR238 crores buyback in July, we hold INR350 crores worth of net free cash, with about INR160 crores of TDS receivable outstanding. Open the document at this passage
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