Cognizant revenue grows 11% in July-Sept even as attrition climbs record highs

IT major Cognizant on Thursday posted 11% revenue growth year-on-year in constant currency terms at $4.7 billion for the July-September quarter. Revenue grew just marginally in sequential terms from the $4.6 billion it posted in the April-June quarter. Cognizant's net income was at $544 million up around 6% from $512 million in the last quarter.

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