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Motilal Oswal Remains Cautious On Indian IT After Accenture Q2 Results — Here's Why
Accenture's commentary suggests that clients remain focused on cost efficiency and large-scale transformation rather than incremental IT services spending, adds Motilal Oswal.
21 Mar 2025, 10:14 AM IST 
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Accenture expects Q3 FY25 revenue growth in the range of 3% to 7% YoY constant currency and has narrowed its FY25 revenue growth guidance to 5-7% CC from 4-7% in CC given in the previous quarter. (Photo Source: pexels /Soumil Kumar)
Key highlights from Accenture's management commentary- Recent macroeconomic and geopolitical factors, including tariffs and consumer sentiment shifts, have introduced added uncertainty. The federal govt. accounted for 8% of global revenue and 16% of Americas revenue in FY24. Efficiency programs by the new administration have led to a slowdown in procurement actions, which is hurting sales
