
Accenture has lowered its revenue forecast for FY24 due to economic uncertainty, leading to reduced client spending on consulting services. Despite this, Accenture's headcount increased by almost 8,000 after a quarter of decline. Indian IT companies are optimistic as Accenture's Q3 results suggest demand weakness may be bottoming out, potentially leading to better performance in upcoming quarterly results.
#TechWithMC | #Accenture's mixed performance in #Q3 signals that #Indian IT companies with similar services will perform better in upcoming quarterly results. @shaw_reshab brings more details https://t.co/Nee4GsuYue #Q3Results #IT #Technology
Mixed bag for Indian IT: What Accenture's earnings imply for TCS, Infosys, others https://t.co/lyPA2WyjQb
#MarketsWithBS | Analysts believe demand weakness may be bottoming out for the Indian IT companies. The optimism stems from Accenture's third quarter results for FY24. @nikita_vashisht #accenture #itcompanies https://t.co/Z9YQ2DCI3K




