The proposed buyback size represents 8.87% of the company’s paid-up equity capital as of March 31, 2026, and is subject to shareholder approval.
For the March quarter, net profit rose 25.6% year-on-year to ₹43.9 crore from ₹35 crore. Revenue increased 2.3% to ₹2,924.9 crore from ₹2,857.9 crore in the year-ago period.
EBITDA, however, declined 3.9% year-on-year to ₹45.7 crore from ₹47.5 crore, while EBITDA margin remained flat at 2%.
Ahead of the earnings announcement, shares of TeamLease Services closed 2.9% higher at ₹1,413 on the NSE.
Managing Director and CEO Suparna Mitra said FY26 was a year of “disciplined execution”, with full-year EBITDA growth of 14% and margin expansion reflecting improved operating leverage across businesses.
The company added 109 new enterprise clients during the quarter and reported nearly 6,000 net headcount additions across sectors. Around 24% of gross associates hired during the quarter were first-time job seekers, reinforcing the company’s employability focus.
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TeamLease also received income tax refunds worth ₹143.1 crore during the year, taking net free cash to around ₹600 crore. The company said the buyback would be funded entirely through existing free cash balances.
