Making short-term margin trade-offs to accelerate growth: Cognizant CEO

IT services major Cognizant posted a 30 per cent decline in net profit in the quarter ended September (Q3) at $348 million even though the Nasdaq-listed company’s revenue remained largely flat at $4.2 billion on year-on-year basis. BRIAN HUMPHRIES, CEO of the Nasdaq-listed firm tells Sai Ishwar & Bibhu Ranjan Mishrathat the firm would have shown an uptick in terms of revenue in Q3 if not for the exit from certain non-strategic content services business. He also talks about why the firm has rolled out selective salary hikes and promotions from this month. Edited excerpts:  H.....

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