Accenture revenue up 7%, net income up 10%

IT service and outsourcing provider Accenture today said its revenues rose 7 percent to $7.9 billion in the first quarter of fiscal 2015.

Net income of Accenture for the first quarter that ended in November 2014 grew 10 percent to $892 million.

“We continue to invest in capabilities, solutions and talent to further differentiate Accenture in the marketplace and improve our competitiveness. We remain very well-positioned to continue gaining market share and driving profitable growth,” said Pierre Nanterme, chairman and CEO of Accenture.

Pierre Nanterme, chairman and CEO of Accenture

Attrition for the first quarter of fiscal 2015 was 13 percent, compared with 15 percent for the fourth quarter of fiscal 2014 and 11 percent for the first quarter of fiscal 2014.

Performance of Accenture divisions

Revenue from Communications, Media & Technology business rose 12 percent to $1.58 billion.

Accenture’s revenue from financial services grew 7 percent to $1.72 billion.

Health & Public Service revenue of Accenture increased 11 percent to $1.37 billion.

Accenture said its products revenue grew 7 percent to $1.93 billion.

Accenture and main geographies

Accenture revenue from North America rose 11 percent to $3.44 billion.

Europe revenue grew 5 percent to $2.91 billion.

Growth markets revenue increased 3 percent to $1.55 billion.

Accenture said consulting net revenues for the quarter rose 7 percent to $4.09 billion.

Outsourcing net revenues of Accenture increased 11 percent to $3.80 billion.

Baburajan K
[email protected]

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