Quarterly Industry Review - December 2017

The report presents analysis of Indian IT-BPM industry performance during the quarter ending September 2018. 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 pickup in economic activity gained momentum in the first half of 2017 and is projected to rise over this year and next in emerging market and developing economies, supported by improved external factors—a benign global financial environment and a recovery in advanced economies.

Sector revenues remained firm at 3 per cent Q-o-Q, and 8.7 per cent Y-o-Y in Q2FY2018 aided by strong currency headwinds and acquisitions, resulting in the strongest September quarter incremental revenue addition in three years.

Digital revenues share in total revenues have been growing consistently over the quarters accounting for nearly 21 per cent during this quarter.

Europe region dominated growth this quarter, which was aided by cross currency tailwinds.

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