Cognizant's profit rises 86% to nearly â¹3,000 crore
US-based IT services firm Cognizant on Thursday reported a profit of $470 million (nearly â¹3,000 crore) for the June quarter, an 86% jump from the year-ago period. The company's revenues rose 8.9% to $3.67 billion (over â¹23,300 crore). Cognizant said its revenue was boosted by strong demand for its cloud-based services from its financial and healthcare clients.