India’s IT Sector Performs Well in 4Q FY14

  Enquire / contact me

Says ARC Advisory Group

India’s IT Sector Performs Well in 4Q FY14
India’s IT Sector Performs Well in 4Q FY14

The Indian information technology (IT) services market saw further growth in the fourth quarter of the financial year 2013-2014. However, the growth was slower than the 3Q, which is usually a slow quarter due to more holidays in the US and Europe. Overall, FY14 was better than FY13 for various reasons including the fluctuating value of the rupee and recovery in Europe. The report discusses the financial results of the top twenty India-based IT companies listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), or both. ARC experts believe this provides a representative sample of the Indian IT market.

The suppliers included in this report recorded combined quarterly revenue of over $10 billion, representing 12 percent year-over-year growth rate. Just five out of 20 companies reported year-over-year decreases in revenues, while the rest all showed growth in the 4Q.

Posted on June 23, 2014 - (73 views)
by
Related articles
3D-printed Humanoid Robot
Robot Table Tennis Tutor
Industrial Grade Edge Computing Device
A Convention for European AI-holics
Predictive Intelligence Platform
Record Sales Turnover for Resolve Optics Ltd
Unitronics Launches its New VFD Line
On the Road to Energy Sustainability
How to optimise gas engine performance
FIVE-YEAR SOLE SUPPLY AGREEMENT FOR EXXONMOBIL AND INFINIS
Mercury: Mobile, multi-protocol diagnostics for all environments
System-based High Precision Linkages
Hannay Works Here
Sure Signs of Excellence: Top Notch Products Offering Added Value
HOT! Innovative Infrared Technology
Temperature Sensors in Stock for Immediate Worldwide Despatch
FANDIS' FF Series of Filter Fans
Sensing Innovation in Process and Control
Innovative Systems Solutions Made by LAPP
SAFETY? That's our top Priority
Robot Table Tennis Tutor
On the Road to Energy Sustainability
Hexagon PPM and Ditio Established a Partnership to Foster Digital Transformation
Digitalization will be the Number 1 Trend at ADIPEC 2018
Monitoring receiver
3D Surround View System
Flow Measurement Device
PTFE Membrane Filters
Comprehensive Bonding Technologies
Stainless Drives Take Over at Fish Processing Plat