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Cognizant net up 15.4% to $319.6 m; ups revenue target to 20.3%

Last Updated: Tuesday, November 05, 2013, 21:51

Leading software outsourcing firm Cognizant Technology Tuesday reported a 15.4 percent rise in net profit at USD 319.6 million in the quarter to September driven by a strong ramp up in demand for outsourcing services, up from USD 276.9 million a year ago.