Close Icon

Quarterly Industry Review-March 2018

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

Product Image

Key Findings

Global upswing in economic activity and increasing digital spend defining the next phase of growth for the industry

  • 2017 witnessed improvement in world economic growth, IMF projects India to grow at 7.4% in 2018 – Fastest growing economy globally
IT-BPM sector revenues and net margins remain weak in a seasonally soft quarter

  • In a seasonally soft quarter sector revenues remained weak at 1.8 per cent Q-o-Q and 9.9 per cent Y-o-Y in Q3FY2018. Net margins remained weak affected by furloughs and negative impact of foreign exchange movement
Digital share in revenues growing consistently

  • Digital revenues share in total revenues have been growing consistently over the quarters accounting for nearly 24 per cent during this quarter, indicating that digital continues to be the topmost agenda for both customers and service providers
Growth in Europe and retail outpaces others during the quarter

  • During the quarter growth remained soft in the US, but was strong in Europe as it sees increased outsourcing. Retail and healthcare key growth verticals during the quarter,

Get The Report

Download the report and get detailed insights on the sector.

Regular Price : ₹5,000 Buy Now
Member Price : ₹0 Member Login

Nasscom Members- Login to download the report

Related Reports

Quarterly Industry Review - December 2017

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…