Cognizant overtaking Wipro

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Cognizant Technology Solutions Ltd. reported stellar set of numbers on 3rd May showing a revenue growth of 43% to $1.37 Billion from $959.7 Million in the year ago period.

Cogniant is anticipating a revenue of $1.45 Billion in Q2. For full year Cognizant is expecting to clock a revenue of close to $6 Billion.

With this revenue outlook, Cognizant will overtake India's third largest software exporter Wipro, which has a target of $1.39 billion to $1.42 billion revenue for the April-June quarter. For full year Wipro is expected to clock a revenue of $5.8 Billion.

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