Chennai: This is a big conscious on Thursday posted a 11% year-on-year revenue growth in constant currency requirements at $ 4.7 billion for the July-September quarter.
Revenues grew only marginally in sequential requirements of $ 4.6 billion posted in the April-June quarter.
Cognizant net income is $ 544 million, up about 6% from $ 512 million in the last quarter.
This narrow company defeats the estimated road in terms of revenue growth and marginally improves its income guidance for the full year 2021.
The performance of income growth of cognizant is lagging behind TCS and Infosys for comparable periods.
TCS posted around 15% of YoY’s revenue growth (term cc) and infosys income grew by almost 19% in the quarter.
Incompatibility of unprecedented demand for demand, incompatibility of unprecedented demand for demand in the IT labor market continues to have an impact on the talent retention efforts of Bellwether Ti as friction up to the highest.
Quarterly annual attrition reached 37% compared to 31% in the previous quarter and 18% in the same quarter last year.
From this, voluntary (annual) friction reached 33% compared to 29% in the June quarter.
The company, in a profit call, explains that the highest voluntary friction at the mid-junior level, especially in India throughout certain skills.
“I am happy with our third quarter performance.
While the industry faces unprecedented competition for talent, we draw a number of employees to realize, and stay focused on delivering our clients’ commitments and our strategic reposition,” Our Brian Humphries head.
Executive, conscious, word.
“We continue to make an important investment to ensure aware will be well positioned to serve our clients when they embrace the digital business model.” Despite high friction, consciously increasing the amount of obstacles in the period of more than 17,000 in sequence.
“In the fourth quarter, we hope to make offers for 45,000 new graduates in India for boarding and 2022.
Retention and recruitment has our leadership full attention,” Humphries said in our income call.
Cognizt expects full-year income of $ 18.5 billion, represents a growth of 9.8% in a constant currency, so it guides the high-end of the guidance offered in the previous quarter.
This prospect assumes the impact of a profitable currency movement of 130 basis points and includes contributions of 330 bases from inorganic income.
“During the third quarter, we encourage strong order growth and maintain our income momentum in a strong demand environment.
We are pleased with our sustainable investment in recruiting, which allows us to support the acceleration of demand by significantly increasing our headcounts,” Jan Siegmund, CFO.
, Conscious, said.
For the July-September period, financial services revenue grew 4.3% in a constant currency, health income grew 9.8%, and the product and resource segment income grew 18.1%.
Communication, media and technology are the best growth segment of growth of 19.1%.
In October, the company announced a quarterly cash dividend of $ 0.24 per share for recordholders of recordings on November 19.