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Cognizant revenue falls 2% in Dec quarter to 2-year low | India Business News – Times of India

getworldnews1 year ago02 mins

CHENNAI/BENGALURU: IT services major Cognizant Technology Solutions on Wednesday posted a 0.3% decline in constant currency revenue for the full year 2023, at $19.4 billion, as weakness in demand continued to plague the IT sector. Revenue for the Dec quarter came in at $4.8 billion – a 2.4 % decline in constant currency terms compared…

Wipro Q3 results: Net profits drop 12% to Rs 2,694 crore; Re 1/share interim dividend declared – Times of India

getworldnews1 year ago04 mins

Wipro Q3 results: Wipro Ltd faced a challenging quarter ending in December, reporting a 12% year-on-year decline in consolidated net profit to Rs 2,694 crore. The overall consolidated revenue also witnessed a 4.4% drop to Rs 22,205 crore during this period.According to ET, both the bottom line and top line results aligned closely with expectations….