TeamLease Services reported a 27% year-on-year rise in its fourth-quarter consolidated net profit to Rs 34.96 crore, driven by steady demand for staffing services across different sectors.

The company reported a net profit of Rs 27.48 crore in the same period last year. The company’s total revenue went up by 17.5%, reaching Rs 285.8 crore.

Growth in hiring across sectors such as consumer goods and telecom helped boost TeamLease’s main general staffing business.