Accenture expects FY23 revenue growth to be 8-11%

BENGALURU: IT major Accenture, which follows the September-August financial year, expects Fiscal 2023 revenue growth to be in the range of 8% to 11% in local currency.

It expects revenues for Q1 of fiscal 2023 to be in the range of $15.2 billion- $15.75 billion, which is less than analysts’ estimates of $16.07 billion. The company’s fourth quarter revenues were $15.4 billion, an increase of 15% in US dollars, compared with the fourth quarter of fiscal 2021.