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Team Lease Services consolidated net profit rises 319.76% in the March 2017 quarter

Capital Market 

Sales rise 22.37% to Rs 800.35 crore

Net profit of Team Lease Services rose 319.76% to Rs 38.45 crore in the quarter ended March 2017 as against Rs 9.16 crore during the previous quarter ended March 2016. Sales rose 22.37% to Rs 800.35 crore in the quarter ended March 2017 as against Rs 654.04 crore during the previous quarter ended March 2016.

For the full year,net profit rose 167.50% to Rs 66.34 crore in the year ended March 2017 as against Rs 24.80 crore during the previous year ended March 2016. Sales rose 20.82% to Rs 2982.19 crore in the year ended March 2017 as against Rs 2468.19 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales800.35654.04 22 2982.192468.19 21 OPM %1.831.27 -1.491.04 - PBDT20.1514.91 35 65.5940.83 61 PBT18.8913.88 36 61.3137.82 62 NP38.459.16 320 66.3424.80 168

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 19 2017. 16:58 IST
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