Q2 2020 Eclerx Services Ltd Earnings Call Transcript
Ladies and gentlemen, good day and welcome to eClerx Services' Limited Q2 FY '20 Earnings Conference Call. (Operator Instructions)
Please note that this conference is being recorded.
I now hand the conference over to Mr. Rohitash Gupta, CFO from eClerx Services Limited. Thank you and over to you, sir.
Thank you. Good evening, everyone. I welcome you all to eClerx' earnings call for the second fiscal quarter of FY '20 ending September 2019.
eClerx completed Q2 with USD 50.1 million in revenue at a constant currency growth of 2.7% Y-o-Y, this being our fifth consecutive quarter to cross the $50 million mark. Our onshore business constant currency growth in Q2 continue to be double digit at 12.8% Y-o-Y, whereas offshore business dipped by 2.4% Y-o-Y. Analytics and consulting has maintained double-digit growth on Y-o-Y basis this quarter.
As of quarter end, although our overall high-quality pipeline was similar to last year, we saw an increased share in pipeline for top 5 clients,
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