TeamLease: Unaudited Financial Results (Standalone and Consolidated ) for the quarter ended June 30, 2026
RESULTS
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 29 Jul 2026, 04:16 PM IST · BSE ID: cb41d306-fe3a-4212-8570-1660b5b8758b
View Original BSE Filing (PDF)
💡
In Simple Terms
TeamLease Services announced its quarterly financial results, showing Rs. 24.29 Crores profit and completing a share buyback.
🤖 AI Summary
- TeamLease Services recorded a standalone net profit of Rs. 24.29 Crores for the quarter ended June 30, 2026.
- Revenue from operations for the quarter ended June 30, 2026, was Rs. 2,739.36 Crores.
- A share buyback of up to 1,487,500 equity shares at Rs. 1,600 per share, totaling Rs. 238 Crores, was completed on July 21, 2026.
- The company has ongoing legal challenges concerning Section 80JJAA Income Tax deductions and a Rs. 395 Crores PF demand.
- Exceptional items for the prior year included a Rs. 2.74 Crores impact from new Labour codes and a Rs. 6.42 Crores impairment allowance.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (Q1 FY27)
2,739.36 Crores
3.75
Net profit for the period (Q1 FY27)
24.29 Crores
-2.10
Basic EPS (Q1 FY27)
14.49 Rs.
-2.10
Share Buyback Amount
238 Crores
PF Demand (July 2014 to June 2022)
395 Crores
🏢 How This Affects the Company
The completed share buyback utilized Rs. 238 Crores, impacting the company's cash reserves and reducing the number of outstanding equity shares. Net profit for the quarter was Rs. 24.29 Crores.
Ongoing legal disputes regarding Income Tax deductions (Section 80JJAA) and a Rs. 395 Crores Provident Fund demand from July 2014 to June 2022 present significant contingent liabilities for the company.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders who tendered shares in the buyback received Rs. 1,600 per equity share. The number of outstanding equity shares has decreased for all shareholders.
🔍
Management Signal
Management continues to engage in capital allocation through share buybacks and is actively pursuing resolution for significant tax and provident fund legal disputes.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Resolution of the Income Tax writ petition with the Honourable High Court of Karnataka.
Outcome of the special civil application filed with the Honourable High Court of Gujarat regarding PF demand.
Subsequent quarterly results to assess sustained revenue and profitability trends.
MEDIUM RISK
Significant unresolved legal disputes regarding tax deductions and a Rs. 395 Crores PF demand introduce financial uncertainty.
💡 Investor Takeaway
TeamLease Services reported a standalone net profit of Rs. 24.29 Crores for the quarter ended June 30, 2026, on revenue from operations of Rs. 2,739.36 Crores. The company completed a buyback of 1,487,500 shares for Rs. 238 Crores. Two significant legal disputes are pending resolution.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations increased to Rs. 2,739.36 Crores in Q1 FY27 from Rs. 2,640.42 Crores in the corresponding prior quarter.
- The successful completion of a Rs. 238 Crores share buyback demonstrates capital allocation towards shareholders.
⚠️ Concerns
- Net profit for the period of Rs. 24.29 Crores in Q1 FY27 is lower than Rs. 24.81 Crores reported in the corresponding prior quarter.
- The company faces a significant unresolved demand of Rs. 395 Crores from the Regional Provident Fund Department for NEEM trainees.
📅 Company Track Record
TeamLease's Q1 FY27 net profit of Rs. 24.29 Crores follows a previous filing on July 29, 2026, which also mentioned the Q1 FY27 net profit and the divestment of 30% stake in Crystal HR.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was TeamLease Services' standalone net profit for the quarter ended June 30, 2026?
TeamLease Services reported a standalone net profit of Rs. 24.29 Crores for the quarter ended June 30, 2026.
What was the revenue from operations for TeamLease Services in Q1 FY27?
Revenue from operations for TeamLease Services for the quarter ended June 30, 2026, stood at Rs. 2,739.36 Crores.
What was the total value of the share buyback completed by TeamLease Services?
TeamLease Services completed a share buyback for an aggregate amount not exceeding Rs. 238 Crores, buying back up to 1,487,500 shares at Rs. 1,600 per equity share.
Is TeamLease Services facing any significant legal demands?
Yes, TeamLease Services' subsidiary, TeamLease Skills University (TLSU), faces a demand of Rs. 395 Crores from the Regional Provident Fund Department for the period July 2014 to June 2022, which is currently pending final resolution in the Honourable High Court of Gujarat.
Questions based on this BSE filing only. For information purposes.