Does Accenture's Q1 result spell more pain for IT firms?

Despite firm Q1 revenue growth, Accenture Plc left analysts unimpressed as it pegged the next quarter's revenue growth below projections. Does this signal more trouble for Indian IT companies ahead?

Accenture
Photo: Shutterstock
Harshita Singh New Delhi
1 min read Last Updated : Dec 20 2022 | 1:16 PM IST
Despite firm revenue growth in Q1, Dublin-based Accenture Plc left analysts unimpressed as it pegged the next quarter’s revenue growth below projections. The company also sounded cautious about client spending. So does this signal more trouble for Indian IT companies ahead? This podcast has the details.

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Topics :IT companiesQ1 resultsAccentureMarket insight

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