Accenture’s Q1 Results Signal Stable Demand for Indian IT

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Global IT major Accenture’s financial results for the first quarter of FY26, announced on Thursday, signal a quarter of no significant demand deterioration for the $283-billion Indian software outsourcing business, with the lack of change in macroeconomic conditions indicating no upsides either, brokerages said in a read-through of the company’s results.

Accenture follows a September to August fiscal year.

The Dublin-headquartered company reported revenue of $18.7 billion for the quarter, up 5% year-on-year in constant currency terms, beating street…



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Accenture’s Q1 Results Signal Stable Demand for Indian IT



Global IT major Accenture’s financial results for the first quarter of FY26, announced on Thursday, signal a quarter of no significant demand deterioration for the $283-billion Indian software outsourcing business, with the lack of change in macroeconomic conditions indicating no upsides either, brokerages said in a read-through of the company’s results.

Accenture follows a September to August fiscal year.

The Dublin-headquartered company reported revenue of $18.7 billion for the quarter, up 5% year-on-year in constant currency terms, beating street…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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