Team Lease Services Reports Flat Q3 FY24-25 Results Amid Mixed Financial Indicators

Team Lease Services, a small-cap player in the miscellaneous industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a flat financial performance for Q3 FY24-25, with notable evaluation changes reflected in its score, which has seen an adjustment to 3 from 2 over the past three months.
The financial data reveals that Team Lease Services achieved its highest quarterly net sales in the last five quarters, reaching Rs 2,921.27 crore. Additionally, the profit after tax (PAT) also marked a peak at Rs 28.43 crore during the same period, suggesting a positive near-term trend in these areas. Furthermore, the company's debtors turnover ratio has improved significantly, recorded at 21.44 times, indicating a more efficient collection process.

Conversely, the profit before tax (PBT), excluding other income, has shown a decline of 5.56% year-on-year, which points to challenges in core profitability. Moreover, a substantial portion of the company's income, 35.78% of PBT, is derived from non-operating activities, raising concerns about the sustainability of its business model.

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