Commercial Services company TeamLease Services announced Q2FY25 results Financial Highlights: Total Revenue: Rs 2,808 crore compared to 2,286 crore during Q2FY24, a change of 23% Yoy. Operating Revenue: Rs 2,797 crore compared to 2,273 crore during Q2FY24, a change of 23% YoY. EBITDA: Rs 33 crore compared to Rs 32 crore during Q2FY24, a change of 5% YoY. EBITDA margin: 1.2% for Q2FY25. PBT: Rs 26 crore compared to Rs 29 crore during Q2FY24, change -12%. PBT margin: 0.9% for Q2FY25. Profit after Tax: Rs 25 crore compared to Rs 28 crore during Q2FY24, change -10%. PAT margin: 0.9% for Q2FY25. EPS: Rs 15 for Q2FY25. Other Highlights: At the group level, the company added ~18k headcount during the quarter largely led by BFSI and Consumer. Revenue grew by 8% QoQ and 23% YoY. EBITDA recovery is backed by operating leverage in Staffing business and growth in EdTech billing. 178 new logos were added during the quarter. Net cash stands at Rs 555 crore, including free cash of Rs 340 crore. The company is investing in a HireTech platform which is expected to go live in FY26. The platform aims to bring down the hiring costs significantly in a phased manner. Ashok Reddy, Managing Director, TeamLease Services, said: “We have crossed 3.5 lakh billable headcount in our Employment cluster owing to strong growth across sectors. Profit expansion is the key focus area this year, and we are confident of maintaining strong double-digit growth in the sequential profits. Our planned investments in Hiretech and Hrtech solutions, through organic and inorganic routes, will give us enhanced capabilities in the coming quarters. ” Result PDF