financetom
Market
financetom
/
Market
/
Outlook strong for general, specialised staffing: TeamLease CFO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Outlook strong for general, specialised staffing: TeamLease CFO
Jan 27, 2022 4:39 AM

TeamLease Services is surging in trade having reported a stellar set of Q3 numbers. It has reported a revenue growth of 15 percent quarter-on-quarter and up 38 percent on a year-on-year basis. The company has done its highest quarterly addition in general staffing and more than 15,000 employees in Q3.

Speaking to CNBC-TV18, Ramani Dathi, CFO of the company said, “Q3 historically used to have some sort of seasonality but this time we haven't seen any major seasonal impact in our headcount addition. Going by the past trend Q4 we used to have slight decline in our numbers but as of now we are not seeing any trend of that.”

She added, “The outlook is very strong both in general staffing and specialised staffing across industry largely led by BFSI, e-commerce and telecom and tech.”

For full management commentary, watch the video.

Catch all stock market updates here

First Published:Jan 27, 2022 1:39 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Energy Stocks Rise Late Afternoon
Sector Update: Energy Stocks Rise Late Afternoon
Nov 13, 2024
03:32 PM EST, 11/13/2024 (MT Newswires) -- Energy stocks rose late Wednesday afternoon with the NYSE Energy Sector Index up 0.7% and the Energy Select Sector SPDR Fund (XLE) adding1%. The Philadelphia Oil Service Sector index fell 0.9%, and the Dow Jones US Utilities index shed 0.2%. West Texas Intermediate crude oil was little changed at $68.15 a barrel while...
Sector Update: Health Care
Sector Update: Health Care
Nov 13, 2024
03:23 PM EST, 11/13/2024 (MT Newswires) -- Health care stocks were lower late Wednesday afternoon, with the NYSE Health Care Index down 0.4% and the Health Care Select Sector SPDR Fund (XLV) easing 0.1%. The iShares Biotechnology ETF (IBB) rose 0.1%. In corporate news, Medtronic ( MDT ) is being sued by Hexagon Health for the alleged infringement of three...
Sector Update: Financial
Sector Update: Financial
Nov 13, 2024
03:22 PM EST, 11/13/2024 (MT Newswires) -- Financial stocks were mixed in late Wednesday afternoon trading with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) rising 0.1%. The Philadelphia Housing Index climbed 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.9%. Bitcoin (BTC-USD) jumped 3% to $90,723, and the yield for...
Sector Update: Tech
Sector Update: Tech
Nov 13, 2024
03:22 PM EST, 11/13/2024 (MT Newswires) -- Tech stocks were declining in late Wednesday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) easing 0.1% and the SPDR S&P Semiconductor ETF (XSD) falling 1.9%. The Philadelphia Semiconductor index dropped 1.6%. In corporate news, Zeta Global ( ZETA ) shares tumbled 27% after Culper Research disclosed a short position, saying...
Copyright 2023-2026 - www.financetom.com All Rights Reserved