Infosys clientele base at 568

Software major Infosys Technologies today said it has added 32 new clients during the third quarter ended December 31, taking the total number to 568.

"32 clients were added during the quarter by Infosys and its subsidiaries," Infosys said in a statement.

"The contribution to our revenues from our top ten clients grew by 12.2 per cent during the quarter," Infosys Chief Operating Officer SD Shibulal said, adding that clients are now taking decisions much faster.

However, on a quarter-on-quarter basis the total number of clients have decreased marginally to 568 at the end of Q3, from 571 at the end of July-September quarter.

Besides, the number of 'million dollar clients' increased sequentially to 787 at the end of December quarter, from 776 in the previous quarter.

Infosys CEO and Managing Director S Gopalakrishnan said: "Even though IT budgets are expected to be flat in 2010, offshore outsourcing is expected to benefit from this recovery."

During the quarter the software exporter received repeat business orders from 97 per cent of its clients. Besides, top 10 clients accounted for 27.5 per cent of the total clientele of the company.