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…