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Accenture's Q2 Revenue Drops Amid Economic Uncertainty

3/22/2025

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Story summary
  • Accenture's Q2 FY25 revenue declined nearly 6% to USD 16.7 billion, with a 13.5% operating margin.
  • The company adjusted its annual revenue growth forecast to 5-7% due to economic uncertainty.
  • New bookings totaled USD 20.9 billion, driven by a notable USD 1.4 billion in Gen AI.
  • Analysts show caution in IT services, affecting Indian IT stocks.
  • Accenture is well-positioned for long-term growth through AI and digital transformation.