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Team Lease Services consolidated net profit declines 36.01% in the March 2018 quarter

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Capital Market

Sales rise 19.64% to Rs 977.48 crore

Net profit of Team Lease Services declined 36.01% to Rs 21.22 crore in the quarter ended March 2018 as against Rs 33.16 crore during the previous quarter ended March 2017. Sales rose 19.64% to Rs 977.48 crore in the quarter ended March 2018 as against Rs 817.04 crore during the previous quarter ended March 2017.

For the full year,net profit rose 27.60% to Rs 73.46 crore in the year ended March 2018 as against Rs 57.57 crore during the previous year ended March 2017. Sales rose 19.16% to Rs 3624.12 crore in the year ended March 2018 as against Rs 3041.29 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales977.48817.04 20 3624.123041.29 19 OPM %2.291.50 -1.891.22 - PBDT22.5016.72 35 81.6957.61 42 PBT19.7314.59 35 72.5351.51 41 NP21.2233.16 -36 73.4657.57 28

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First Published: May 16 2018 | 5:45 PM IST

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