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Results▲ Bullish for Indian equities
Accenture’s managed services momentum offers positive signals for Indian IT
The brief
- Accenture reported quarterly revenue of $18.7 billion, up 6% in US dollars and 7% in local currency
- Accenture’s growth offers a demand signal for Indian IT services firms, including TCS and Infosys
- Accenture Stock Climbs as AI Demand Boosts Results
- Swiss logistics major Kuehne+Nagel opens Chennai tech centre
- Accenture faces investor scrutiny as it pivots toward AI
Accenture results lift IT shares
Accenture reported Q4 revenue of $18.7 billion, up 6% year on year, and EPS of $3.29, beating forecasts. It forecast FY27 revenue growth of 3–6%, and its results were followed by gains across IT shares.
Thursday, 1 October
- Accenture’s managed services momentum offers positive signals for Indian IT