Cognizant posts 2.97% drop in its net profit in Q2
IT services firm Cognizant on Thursday posted 2.97% drop in its net profit for the second quarter ended June 2018, at $456 million, hurt by non-operating foreign exchange losses on account of rupee depreciation and the initial funding of Cognizant US Foundation.
IT services firm Cognizant on Thursday posted 2.97% drop in its net profit. Image source: PTI