Quarterly Industry Review-September 2019

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

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Key Findings

Global Growth expected to remain subdued amidst increasing trade tensions; Technology spend expected to remain robust driven by strong enterprise software market

Revenue grew by 1.6 per cent Q-o-Q, 8.5 per cent Y-o-Y; Digital revenues continued to rise, growing over 6 per cent sequentially

North America had highest incremental growth both sequentially as well on year-over-year basis; Manufacturing and BFSI sectors were the key growth drivers during the quarter

Fixed price revenue continues to increase with the largest share at over 55 per cent; Net client additions remained positive with renewed thrust on accelerating digital transformation

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