Accenture's weak Q3, West Asia conflict impact cloud FY27 start for Indian IT: Report
New Delhi, June 20 -- Accenture's Q3FY26 miss is likely to cast a shadow over Indian IT peers as the start to FY27 looks softer, with delayed deal closures and prolonged client decision cycles emerging as key concerns, Prabhudas Lilladher said in a research report.
According to the brokerage, Accenture's Q3 revenue growth came in below consensus estimates, while bookings were weaker than anticipated due to delayed closure of large deals amid disruptions caused by the Middle East conflict. The company's management highlighted a US$100mn revenue impact in Q3FY26 from the Middle East conflict, with continued disruption expected in Q4FY26, leading to a 100bps reduction in the upper end of its FY26 revenue growth guidance. The impact was also...
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