IT firms' revenue from top clients sees slowdown
Financial Express Mumbai|March 04, 2024
REVENUES ACCRUING TO IT firms from top clients shrunk during the October-December quarter.
SAMEER RANJAN BAKSHI
IT firms' revenue from top clients sees slowdown

While the decline was for all the firms if compared on a year-on-year basis, it was for about half of the firms on a sequential basis.

For instance, Infosys' top 25 clients contributed about 35.3% in the third quarter of FY23, but contributed about 33.7% in same quarter this fiscal.

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