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Team Lease Services standalone net profit rises 247.37% in the March 2017 quarter

Capital Market 

Sales rise 18.79% to Rs 776.96 crore

Net profit of Team Lease Services rose 247.37% to Rs 31.75 crore in the quarter ended March 2017 as against Rs 9.14 crore during the previous quarter ended March 2016. Sales rose 18.79% to Rs 776.96 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 133.14% to Rs 56.63 crore in the year ended March 2017 as against Rs 24.29 crore during the previous year ended March 2016. Sales rose 18.77% to Rs 2931.40 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.Sales776.96654.04 19 2931.402468.19 19 OPM %1.501.28 -1.261.05 - PBDT18.5614.89 25 60.0840.32 49 PBT17.5113.86 26 56.0937.31 50 NP31.759.14 247 56.6324.29 133

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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. 16:52 IST
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