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Team Lease Services standalone net profit declines 26.59% in the March 2018 quarter

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Capital Market

Sales rise 13.96% to Rs 904.18 crore

Net profit of Team Lease Services declined 26.59% to Rs 20.02 crore in the quarter ended March 2018 as against Rs 27.27 crore during the previous quarter ended March 2017. Sales rose 13.96% to Rs 904.18 crore in the quarter ended March 2018 as against Rs 793.40 crore during the previous quarter ended March 2017.

For the full year,net profit rose 46.47% to Rs 72.56 crore in the year ended March 2018 as against Rs 49.54 crore during the previous year ended March 2017. Sales rose 15.07% to Rs 3440.74 crore in the year ended March 2018 as against Rs 2990.25 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales904.18793.40 14 3440.742990.25 15 OPM %1.941.21 -1.481.02 - PBDT20.6615.64 32 74.3552.86 41 PBT19.7414.59 35 70.6348.87 45 NP20.0227.27 -27 72.5649.54 46

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First Published: May 16 2018 | 4:47 PM IST

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