Photo: Hemant Mishra/MintNew Delhi: Staffing firm TeamLease Services on Tuesday said its consolidated net profit doubled to Rs18.4 crore for the quarter ended 31 December 2017. The net profit for the corresponding quarter last fiscal stood at Rs9.2 crore, a company release said. For the nine-month period ended 31 December, its net profit improved to Rs52.2 crore from Rs24.4 crore in the corresponding period of previous fiscal. “We will continue to stay focussed on growth, productivity and margin improvement/expansion,” TeamLease Services managing director Ashok Reddy said. TeamLease Services’ current associate employee headcount stood around 1,37,000 and NETAP trainee headcount was around 40,500.

Source: Mint January 30, 2018 12:22 UTC