Accenture's Strong Results Signal Good Tidings for Indian IT

• Accenture reported strong Q1 results (ending Nov 2025), growing at the higher end of guidance, indicating a steady demand environment.
• Growth was driven by financial services, a key segment for Indian IT, with order bookings rising 10% to $20.9 billion, led by managed services.
• Accenture's commentary suggests a stable Q3 for Indian IT service players, despite usual seasonal weakness.
• Adaption of AI technologies by businesses is expected to generate significant data and digital modernization work for IT companies.
• Indian IT firms like TCS, Infosys, and HCL Technologies have seen faster growth in financial services and are realigning for AI opportunities.

Why It Matters: Accenture's robust performance and AI focus bode well for Indian IT's near-term growth and modernization efforts.