Saralnama₹50 billion is the new total of Salesforce's share buyback program after a ₹20 billion increase. The cloud software company forecast lower third-quarter revenue on 4 Sep 2025. Clients are cutting back on enterprise cloud spending due to economic uncertainty. Salesforce expects Q3 revenue between ₹10.24 billion and ₹10.29 billion. This falls below analysts' estimates. The company's shares fell over 4% after the announcement. Salesforce is investing in AI and automation. It has over 4,000 paid deals for 'Agentforce', an AI-powered virtual representative platform. Despite lower forecasts, Q2 revenue beat expectations at ₹10.24 billion. (Updated 4 Sep 2025, 11:05 IST; source: link)
Key Points
- ₹50 billion is the new total of Salesforce's share buyback program after a ₹20 billion increase
- The cloud software company forecast lower third-quarter revenue on 4 Sep 2025
- Clients are cutting back on enterprise cloud spending due to economic uncertainty