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TeamLease Services Legal & Regulatory

TeamLease Services received an Order-in-Appeal from the Commissioner of CGST & Central Excise upholding a penalty of ₹32.29 Crore related to manpower services invoices from 2017-2022. The company denies the allegations and is filing a writ petition before the High Court of Karnataka to stay recovery proceedings. No material operational impact is expected.

Key figures
Value₹32.29 Cr
Source

BSE filing, NSE: TEAMLEASE. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

TeamLease Services Ltd: key numbers

Share price
₹1,047.80
Market cap
₹1,757 Cr
Revenue (annual)
₹11,791 Cr
Net profit (annual)
₹139.7 Cr
P/E (TTM)
11.9×Sector 43.1×
Promoter holding
33.29%+2.18% QoQ
FII holding
8.30%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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