We had called it the Growth Machine last year. Between April 07 and March 08, the period considered by Dataquest for its ranking, Cognizant's total revenue grew 45% in dollar terms, which translated to about 29.5% in rupee terms. However, its India IT exports revenue (estimated by Dataquest based on work delivered out of India, and which excludes BPO revenue) grew 38%, thanks to a higher offshore ratio. Though there is a huge drop from last year's growth, it is highest among the services companies in the DQTop20.
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