Accenture Q3 numbers show road’s still bumpy for IT companies

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Global IT major Accenture’s financials for the third quarter of FY2025 announced on Friday suggested continued demand slowdown for the $280 billion Indian software outsourcing business amid weakened deal bookings. This was driven by an elevated level of uncertainty in calendar year 2025 (CY25) versus CY24, analysts and brokerage firms noted in their reports.

Accenture follows a September to August fiscal year.

The Ireland-headquartered giant technology services company reported an 8% growth from a year-ago March-May quarter to $17.7 billion helped by…



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Accenture Q3 numbers show road’s still bumpy for IT companies


Global IT major Accenture’s financials for the third quarter of FY2025 announced on Friday suggested continued demand slowdown for the $280 billion Indian software outsourcing business amid weakened deal bookings. This was driven by an elevated level of uncertainty in calendar year 2025 (CY25) versus CY24, analysts and brokerage firms noted in their reports.

Accenture follows a September to August fiscal year.

The Ireland-headquartered giant technology services company reported an 8% growth from a year-ago March-May quarter to $17.7 billion helped by…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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