ICICI Securities Ltd | Retail Equity Research TeamLease Services' (TLS) Q3FY19 results was a mixed bag with revenues above our estimates and margins below our estimates. Growth was led by general staffing and specialised staffing services Revenues grew 7.5% QoQ and 27.7% YoY to | 1172.2 crore, above our | 1145 crore estimate. Revenues from general staffing grew 8.6% sequentially to | 1062 crore, specialised staffing grew 4.7% QoQ to | 79 crore while HR services declined 16.8% QoQ to | 31 crore...