Revenue from Operations (Tables)

12 Months Ended

Mar. 31, 2022

Revenues for fiscal 2022, 2021 and 2020 are as follows:

(Dollars in millions)
	Year ended March 31,
	2022		2021		2020
Revenue from software services		15,225		12,604		12,003
Revenue from products and platforms		1,086		957		777
		16,311		13,561		12,780

Summary of Percentage of Revenues

The following table gives details in respect of percentage of revenues generated from top five customers and top ten customers:

	(In %)
	Year ended March 31,
	2022		2021		2020
Revenue from top five customers	11.4			11.0	11.6
Revenue from top ten customers		19.3		18.1		19.2

The table below presents disaggregated revenues from contracts with customers by geography and offerings for each of our business segments. The Group believes this disaggregation best depicts how the nature, amount, timing and uncertainty of revenues and cash flows are affected by industry, market and other economic factors.

Year ended March 31, 2022
													(Dollars in millions)
Particulars	Financial Services⁽¹⁾		Retail⁽²⁾		Communication⁽³⁾		Energy, Utilities, resources and Services		Manufacturing		Hi Tech		Life Sciences⁽⁴⁾		Others⁽⁵⁾		Total
Revenues by Geography*
North America		3,274		1,608		1,136		996		845		1,253		828		126		10,066
Europe		905		639		483		773		884		30		295		30		4,039
India		259		12		42		21		9		55		4		78		480
Rest of the world		780		120		374		152		49		8		15		228		1,726
Total		5,218		2,379		2,035		1,942		1,787		1,346		1,142		462		16,311
Revenue by offerings
Digital		2,735		1,456		1,247		1,128		1,103		780		660		194		9,303
Core		2,483		923		788		814		684		566		482		268		7,008
Total		5,218		2,379		2,035		1,942		1,787		1,346		1,142		462		16,311

Year ended March 31, 2021
													(Dollars in millions)
Particulars	Financial Services⁽¹⁾		Retail⁽²⁾		Communication⁽³⁾		Energy, Utilities, resources and Services		Manufacturing		Hi Tech		Life Sciences⁽⁴⁾		Others⁽⁵⁾		Total
Revenues by Geography*
North America		2,636		1,313		916		935		692		1,086		638		104		8,320
Europe		865		562		390		605		535		22		272		29		3,280
India		212		8		31		5		7		40		2		87		392
Rest of the world		686		108		366		147		41		7		15		199		1,569
Total		4,399		1,991		1,703		1,692		1,275		1,155		927		419		13,561
Revenue by offerings
Digital		2,100		1,040		874		821		617		562		408		155		6,577
Core		2,299		951		829		871		658		593		519		264		6,984
Total		4,399		1,991		1,703		1,692		1,275		1,155		927		419		13,561

Year ended March 31, 2020
													(Dollars in millions)
Particulars	Financial Services⁽¹⁾		Retail⁽²⁾		Communication⁽³⁾		Energy, Utilities, resources and Services		Manufacturing		Hi Tech		Life Sciences⁽⁴⁾		Others⁽⁵⁾		Total
Revenues by Geography*
North America		2,358		1,298		1,033		908		722		920		537		79		7,855
Europe		842		558		271		592		503		27		267		25		3,085
India		184		7		27		2		12		29		6		66		333
Rest of the world		645		113		356		150		48		5		12		178		1,507
Total		4,029		1,976		1,687		1,652		1,285		981		822		348		12,780
Revenue by offerings
Digital		1,626		867		681		631		489		357		260		97		5,008
Core		2,403		1,109		1,006		1,021		796		624		562		251		7,772
Total		4,029		1,976		1,687		1,652		1,285		981		822		348		12,780

⁽¹⁾	Financial Services include enterprises in Financial Services and Insurance

⁽²⁾	Retail includes enterprises in Retail, Consumer Packaged Goods and Logistics

⁽³⁾	Communication includes enterprises in Communication, Telecom OEM and Media

⁽⁴⁾	Life Sciences includes enterprises in Life sciences and Health care

⁽⁵⁾	Others include operating segments of businesses in India, Japan, China, Infosys Public Services & other enterprises in Public Services

*	Geographical revenues are based on the domicile of customer

Summary of Unbilled Revenue

			(Dollars in millions)
	As at
	March 31, 2022		March 31, 2021
Unbilled financial asset ⁽¹⁾		838		489
Unbilled non-financial asset ⁽²⁾		812		622
		1,650		1,111

⁽¹⁾	Right to consideration is unconditional and is due only after a passage of time.

⁽²⁾	Right to consideration is dependent on completion of contractual milestones.