Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Cognizant Q2 Lifted by Banks, But Organic Growth a Concern
Mint Hyderabad
|August 01, 2025
Cognizant Posted Revenue of $5.25 Billion for the Quarter, Up 8.14% Year-on-Year and 2.54% Sequentially
Cognizant Technology Solutions Corp. delivered better-than-expected results for the April-June quarter, buoyed by strong demand from banking clients. However, concerns about its underlying organic growth, which has slowed sequentially, remain.
The Nasdaq-listed IT services firm reported revenue of $5.25 billion for the quarter, up 2.54% sequentially and 8.14% year-on-year. Banks and financial institutions accounted for more than three-fifths of its $130 million in incremental revenue during the period. By comparison, Indian peers Infosys Ltd and HCLTech Ltd posted revenue increases of 4.46% and 1.34% to $4.94 billion and $3.55 billion, respectively. Tata Consultancy Services Ltd (TCS) reported a 0.59% sequential decline to $7.42 billion, its third straight quarterly drop.
While most Indian IT firms follow an April-March financial year, Cognizant adheres to a January-December calendar.
Denne historien er fra August 01, 2025-utgaven av Mint Hyderabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Hyderabad
Mint Hyderabad
SC allows Natco to sell generic of Roche drug until case ends
The Supreme Court on Friday rejected Swiss pharmaceutical giant F. Hoffmann-La Roche AG's (Roche) pleaseeking that Natco Pharma Ltd berestricted from selling the generic version of its lifesaving spinal muscular atrophy (SMA) drug, Risdiplam, in India until the conclusion of the case.
2 mins
October 18, 2025
Mint Hyderabad
An artist's neon ode to the labour of women
An influential figure on the global arts scene, Chila Kumari Burman focuses on inner resilience of women in South Asia
3 mins
October 18, 2025
Mint Hyderabad
Can we ever give ourselves the gift of time?
We've got apps, gadgets, hacks and services to get work done faster and better. Yet we remain busier than ever
5 mins
October 18, 2025
Mint Hyderabad
RIL Q2: Profit surges 16% as all engines gain steam
All of its key businesses—O2C, telecom and retail—saw marginal improvements
1 mins
October 18, 2025
Mint Hyderabad
Hacker hostels fuel bunch of tech builders
Discord server for people with an interest in tech has now evolved into a hacker house across different countries, including Romania, Japan and France.
3 mins
October 18, 2025
Mint Hyderabad
JSW Steel upbeat on H2, eyes policy boost
projection of 23 analysts polled by Bloomberg.
1 mins
October 18, 2025
Mint Hyderabad
The auto industry is panicking about another potential chip shortage
year there were production stoppages resulting from China’s stranglehold on rare-earth magnets, a disruption in aluminum supplies after a fire and President Trump’s costly tariffs.
2 mins
October 18, 2025
Mint Hyderabad
Reliance Q2: Profit surges 16% as all three engines fire
fuel and other chemicals, benfitted from a sharp growth in fuel cracks—the difference between the price of crude oil and the fuel produced from it—during the quarter.
1 mins
October 18, 2025
Mint Hyderabad
HDFC Bank, ICICI Bank set for steady loan growth in Q2
India's two largest private sector lenders, HDFC Bank and ICICI Bank, are set to announce their September quarter results on Saturday. Brokerages expect both banks to report steady loan growth, though net interest margins (NIMs) are likely to remain under pressure amid faster loan repricing and rising deposit costs.
2 mins
October 18, 2025
Mint Hyderabad
Hindustan Zinc Q2 profit expands 14%
The ongoing silver rally helped Hindustan Zinc Ltd report a 14% year-on-year jump in its profit for the September quarter, offsetting a sharp dip in metal production.
1 min
October 18, 2025
Listen
Translate
Change font size