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Accenture revenue rises as outsourcing demand grows

December 19, 2013

By Sriraj Kalluvila and Sruthi Ramakrishnan; Bangalore

(Reuters) – Accenture Plc reported a 2 percent rise in quarterly revenue as demand for outsourcing services helped to offset a drop in income from its bigger consulting business.

Net income rose to $811.6 million, or $1.15 per share, in the first quarter ended November 30 from $766 million, or $1.06 per share, a year earlier.

Revenue rose to $7.36 billion from $7.22 billion.

Outsourcing revenue increased 5 percent to $3.42 billion.

(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Sriraj Kalluvila)