TeamLease Services Limited Holds 26th AGM, Discusses FY26 Performance and Leadership Transition
TeamLease Services Limited held its 26th AGM on Sept 18, 2026. For FY2025-26, revenue grew 6% to ₹11,859 crore, PBT up 36%, PAT up 33% to ₹147.1 crore. Ms. Suparna Mitra appointed MD & CEO. Consolidated revenue was ₹11,791 crore, EBITDA up 14%. ~300k associates added gross in FY26.
The AGM covered financial performance, strategic direction, and leadership changes, which are material to investors.
The company reported positive financial results with revenue and profit growth, and highlighted a successful leadership transition and strategic initiatives.
TeamLease Services Limited conducted its 26th Annual General Meeting (AGM) on September 18, 2026, through Video Conferencing. The meeting addressed the audited standalone and consolidated financial statements for the Financial Year ended March 31, 2026, along with the Board's report and the re-appointment of Mr. Manish Sabharwal as a director.
During the AGM, Chairman Mr. Narayan Ramachandran highlighted a nearly 6% rise in total revenue to ₹11,859 crore for FY2025-26, with Profit Before Tax (PBT) increasing by 36% and Profit After Tax (PAT) by 33% to ₹147.1 crore. He also noted the Board's approval of a buyback of up to 25% of free reserves. The company has transitioned to a "Board Managed Company" with Ms. Suparna Mitra appointed as the new Managing Director & CEO in February 2026, succeeding the founders' executive roles.
Ms. Suparna Mitra, MD & CEO, presented the company's performance, stating that consolidated operating revenue grew by 6% to ₹11,791 crore, EBITDA increased by 14%, and profit before tax grew by 36%. Earnings per share rose by 28% to ₹83. She detailed segment-wise performance, emphasizing growth in General Staffing, Degree Apprenticeships, Specialized Staffing (with 65% revenue from GCCs), and HR Services. The company added approximately 120 new client logos in FY2025-26 and provided gross additions of ~300,000 associates/trainees with a net loss of 6,000. The company aims to maintain its historical YoY revenue growth of 14%-20%.
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Teamlease Services Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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