Accenture Q2 results boost sentiment for Indian IT sector
after close1 source ↓written by the desknot a recommendation
- Accenture reported
- 8% YoY revenue growth
- in Q2
- $18 billion
- full-year guidance
- 3-5%
- indicate steady demand
- $22.1 billion
Accenture reported 8% YoY revenue growth to $18 billion in Q2, raising its full-year guidance to 3-5%. Strong deal bookings of $22.1 billion indicate steady demand, easing concerns over a slowdown amid geopolitical tensions. Brokerages note that while recovery is not imminent, sentiment for Indian IT firms remains positive.
Not investment advice. For informational purposes only.