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Cognizant Technology Solutions India net profit falls 40% to Rs 3,265 crore in FY21

Photo: Reuters Photo: Reuters Cognizant Technology Solutions India’s (CTSI) net profit declined by about 40 per cent to Rs 3,265 crore in FY21 from Rs 5,464 crore in FY20, according to regulatory documents. The company’s revenue also dipped nearly 5 per cent to Rs 29,682 crore in the fiscal ended March 31, 2020, from Rs 31,196 crore in FY2019, according to Registrar of Companies filing that was shared by market intelligence firm Tofler. Emails sent to the company did not elicit any response. Cognizant has a significant presence in India with about 2 lakh employees. Cognizant has a significant […]

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