Revenues of Indian public tech firms grew 4.5% QoQ, 17.8% annually: Nasscom

Digital and cloud the key drivers, with the share

Revenues of Indian public technology companies grew 4.5 per cent sequentially and 17.8 per cent annually, with digital and cloud remaining the major drivers, industry body  National Association of Software and Services Companies (Nasscom) "Quarterly Industry Review" has found. It added that companies expect to grow in double digits going forward.

The report covers the second quarter of FY22, ended September 30, 2021.

Digital revenues at the firms rose 10.2 per cent sequentially, while the share of digital business in the revenue pie of select companies expanded to 56.6 per cent during the quarter.

Growth in revenues across all the