Quarterly Industry Review- June 2020

Analysis of Indian IT-BPM industry performance during the quarter ending March 2020. 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 economic growth expectations take a significant hit as economic activity takes a hit amidst countries fighting the Covid-19 pandemic with lockdowns

Revenue declined 1.5 per cent Q-o-Q, as demand disruption from global lockdowns started to show impact in March 2020

All regions registered a sequential decline in revenues, with EMEA and North America registering growth Y-o-Y; All verticals except manufacturing registered growth sequentially, while all segments sustained Y-o-Y growth

Fixed price revenue share continues to increase, maintain its lead with over 59 percent; Client metrics improved off sustained deal momentum till February 2020

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