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IT sector re-rating hopes fade
Mint Chennai
|March 24, 2026
The demand environment for information technology (IT) services is stable rather than sharply improving, as per Accenture.
Clients continue to prioritize large, strategic transformation programmes with spending trends similar to 2025, said the global IT giant, which competes with tier I Indian technology companies in outsourcing business and is often seen as an indicator of future prospects.
Accenture’s managed services (outsourcing) constant currency (CC) revenue increased 5% year-on-year (yo-y) in Q2FY26, outpacing the consulting business, the firm told investors in its earnings call for Q2FY26—Accenture follows a September to August financial year.
This story is from the March 24, 2026 edition of Mint Chennai.
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