InfoBeans Technologies has disclosed that its exposure to the Middle East, amid ongoing geopolitical tensions, accounts for 7-8% of its consolidated revenue. The company maintains a regional office in Dubai, UAE, while its primary markets remain the United States and Europe, contributing around 87% of total revenue.
The company has stated that the current geopolitical developments, specifically the Iran–Israel conflict, have not materially impacted its operations, delivery capabilities, or client engagements. However, it acknowledges that a prolonged or escalating conflict could potentially lead to delays in client decision-making or project timelines in the Middle East. Despite this, InfoBeans Technologies expects any overall financial impact to be limited and manageable due to its diversified geographic revenue base.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).