Quarterly Industry Review-December 2019

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Analysis of Indian IT-BPM industry performance during the quarter ending September 2019. 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.

Key Findings

Global economic growth expectations remain subdued amidst deterioration in manufacturing activity and prevailing trade tensions which remain unresolved

Revenue grew by 2.2 per cent Q-o-Q, owing to strong order books and sustained client wins

India registered the strongest growth on an annual basis while EMEA grew most sequentially, amongst all regions; Manufacturing and Healthcare registered strong growth over last year, while BFSI and Healthcare grew most sequentially

Fixed price revenue continues to increase with the largest share at over 55 per cent; Net client addition remained positive during the quarter with the active client base growing for majority of the firms

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