Accenture’s managed services momentum offers positive signals for Indian IT
AI Summary
Accenture's robust Q4 performance and record large-deal bookings signal a positive shift in global technology spending, which is likely to benefit Indian IT services firms as they capitalize on increasing demand for transformation projects. Retail investors should watch for potential growth in Indian IT stocks, particularly those involved in large-scale digital transformation, as the market sentiment appears to be turning optimistic for the next fiscal year.
Accenture’s stronger-than-expected Q4 and record large-deal bookings point to improving technology spending, with Indian IT services firms also likely to benefit from rising demand for transformation work, analysts said.
Accenture reported revenues of $18.7 billion for the quarter, marking a 6 per cent increase in US dollars and 7 per cent in local currency. This result exceeded the company’s guided range of $17.75 billion to $18.40 billion, which represented expected growth of 1 per cent to 5 per cent in local currency. For the full fiscal year, revenues reached $74.2 billion, representing an increase of $4.5 billion, or 6 per cent in U.S. dollars and 5 per cent in local currency, compared to the previous year.
Original Article
Published on Hindu BusinessLine
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This is a company news update from Hindu BusinessLine, published on 01 October 2026.
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