NEW RESEARCH: IPP growth rates continue decline

Aggregate trailing 12-month (TTM) dollar-based revenue growth for the Top Six Indian pure-plays (IPPs) has fallen for the sixth successive quarter and now sits at 11% year-on-year (yoy).

This is based on aggregate revenues of $54.1b in the 12 months to 30th September 2015, vs $45.8b in the 12 months to 30th September 2014. Just 18 months ago, in March 2014, Top Six aggregate TTM revenue growth was 15% yoy.

But under the covers, these numbers hide a significant divergence of performance between the players!

Subscribers to the TechMarketView Foundation Service can read more in the latest edition of OffshoreViews, our quarterly analysis of the Indian offshore services scene.

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Posted by HotViews Editor at '07:48' - Tagged: offshore