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Accenture raises FY25 revenue guidance on better AI demand
Financial Express Kochi
|March 21, 2025
CEO says no major hike in clients' budgets
NASDAQ-LISTED IT SERVICES firm, Accenture on Thursday revised its lower end of the annual revenue growth forecast for fiscal 2025 to 5-7%, up from the previous projection of 4-7% on the back of increasing demand of AI-based solutions.
However, CEO and chair Julie Sweet said there has been no significant increase in client budgets for the calendar year 2025. "It's still early, and a lot can happen. Clients may change focus, speeding up cost-cutting rather than investing in new projects," she said in the post Q2 earnings call with analysts.
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