Team Lease Services reports consolidated net profit of Rs 18.91 crore in the March 2021 quarter

Sales rise 0.77% to Rs 1340.52 crore

Net profit of Team Lease Services reported to Rs 18.91 crore in the quarter ended March 2021 as against net loss of Rs 29.43 crore during the previous quarter ended March 2020. Sales rose 0.77% to Rs 1340.52 crore in the quarter ended March 2021 as against Rs 1330.30 crore during the previous quarter ended March 2020.

For the full year,net profit rose 121.56% to Rs 77.50 crore in the year ended March 2021 as against Rs 34.98 crore during the previous year ended March 2020. Sales declined 6.14% to Rs 4881.46 crore in the year ended March 2021 as against Rs 5200.72 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1340.521330.30 1 4881.465200.72 -6 OPM %1.941.48 -2.001.79 - PBDT34.0530.67 11 125.24111.56 12 PBT25.3722.36 13 91.5482.97 10 NP18.91-29.43 LP 77.5034.98 122

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