Since its earning season, am lookin through th results announced and summarizing here aspects / parts that i found interesting (Disclaimer: Some of the data is calculated and can be wrong and also there might be some errors in the writing/copying of data)

Mindtree:

• Sales Person : Software Professional - 1:10 Approximately


• Aprrox 6% drop in conversion rate Dollar to ruppee.


• Bench : Approximately 1400 FTE on bench


• Onsite Rate 56$ per hour (Approx)


• Offshore Rate 23$ Per hour (Approx)


• 38 Fortune 500 Accounts (2 Added in this quater)


• 3 Clients added to 1 Million bucket


• Total new clients added this quarter - 28


• 44% of Revenue comes from Storage & Servers Vertical/Industry - Quite different


• Drop in IP Licensing Revenue (0.8% to 0.1%)


• India is 4.3% of the revenue share.

3i Infotech:

• India 31% of revenue, Dropped from 36% the same quater last year


• ICICI top customer with 14% of revenue, dropped from 19% same quater last year


• 47% of the revenue comes from Products


• 4 Customers added to the >iMillion USD bucket

Hexaware:

• The technical manpower comprised 89.7% of the total workforce


• Attrition rate stood at 16.8%


• The number of clients registering $1m+ in revenues has registered a robust increase from 46 to 51 while 4 were in the $5 - $10 mn range and a further 5 clients  billed more than $10 mn each (all on a trailing 12 month basis).


• Total Clients - 164¨, 52 of which belonged to Fortune 500


• Blended Utilization (including trainees) level surged to 73.7% in Q2 2007 compared to 70.7% in Q1 2007

Syntel Inc

• Synte Head count 9200 people


• Revenue growth of 25% YoY


• Started 80 new engagements


• Margins highest in IT Industry


• Application Outsourcing - 68%


• 46% from Financial Services Industry

Source:1,2,3,4

Tags: india - it+Services - results - q1+india - q2+us - hexaware - syntel - 3i - mindtree

Prashanth Rai