QUARTERLY INDUSTRY REVIEW - August 2021

Analysis of Indian IT-BPM industry performance during the quarter ending June 2021. This analysis is based on the quarterly results declared by the top listed India-centric IT-BPM companies which comprise over 46% of the industry.

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Key Findings

Global Economy

Global growth expectations remain optimistic for 2021, maintain the same growth expectations as last quarter.

Technology Industry Performance

Revenue maintained a positive growth, increasing 4.3%q-o-q, owing tostrong demand momentum. Annual growth also maintained the growth trend

Performance by Regions and Verticals

All regions except India,as well as all verticals registered a growth in revenues sequentially as well as on y-o-y basis.
India was down sequentially owing to Covid-19 second wave impact.

Other Operational Metrics

Fixed price revenue share declined at 56.3%; Client metrics continued to improve in line with the demand recovery

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