IT
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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