Teamlease Services Limited (TEAMLEASE)
General Updates
TeamLease Board approved divestment of entire 30% stake in JV Crystal HR. Transaction valued at Rs 10.12 Cr in cash, subject to customary approvals. JV will cease to be part of TeamLease post completion. Sale driven by portfolio rationalisation and capital allocation priorities. Buyer is Crystal HR and Srividya V, not part of promoter group. Transaction is related party but at arm's length with independent valuation.
Source: Original filing PDF
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🚨 TEAMLEASE — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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