Growth was broad-based but led by the healthcare and public services vertical where Accenture has higher exposure than tier-I Indian peers. Consulting business revenue rose 6% year-on-year in CC terms.
Managed services (outsourcing), where Accenture competes with tier-I IT companies, saw growth improve to 11%. Strong Q1 pushed Accenture, which follows a September-August fiscal, to raise its FY25 CC revenue growth guidance to 4-7% from 3-6% earlier.
Accenture's result is seen as an indicator for the performance of tier-I Indian IT firms. But despite its positives, investors' sentiment was muted. On Friday, the Nifty IT index was down 2.63%.
Esta historia es de la edición December 23, 2024 de Mint Ahmedabad.
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Esta historia es de la edición December 23, 2024 de Mint Ahmedabad.
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