During the quarter, TDCX’s revenue rose by 8.2% y-o-y to US$124.3 million as the company’s client count rose by 55% y-o-y to 85 as at end-March. The company’s revenue was also attributable to the broad-based growth seen as revenue from clients that are not within its top five clients rose by 45% y-o-y. Accordingly, the revenue mix from TDCX’s top five clients fell seven percentage points y-o-y to 76% during the 1QFY2023.
Singapore-based, NYSE-listed TDCX has reported a profit of US$20.5 million ($27.8 million) for the 1QFY2023 ended March 31, 22.5% higher than the profit of US$16.7 million in the corresponding period the year before.
Part of the increase in profit was attributable to the higher revenue as well as the writeback of the company's share-based compensation.
