Cognizant net income up 51%

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| The NASDAQ-listed company recorded a revenue of $ 211.7 million in the quarter ended June 2005, a rise of 52.63 per cent over the previous year's net income of $ 138.7 million. |
| According to a Cognizant release, Lakshmi Narayanan, president and CEO, said, "During the quarter, we signed one of the largest pharmaceutical companies in the world as a new strategic client, and we are now partnering with five of the top ten global pharmaceutical companies to provide them with a comprehensive range of business-aligned IT solutions." |
First Published: Jul 29 2005 | 12:00 AM IST