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© Copyright 2012

Genpact Reports Financial Results for the Second Quarter of 2010

Genpact (NYSE: G) is a leader in managing business processes, offering a broad portfolio of enterprise G&A and industry-specific services. The company manages over 3000 processes for more than 400 clients worldwide. The Company’s approach puts process in the forefront, coupling deep process knowledge and insights with focused IT capabilities, targeted analytics and pragmatic reengineering to deliver a comprehensive client solution. Services are seamlessly delivered from a global delivery network to meet a client’s business objectives, cultural and language needs, and cost reduction goals.

Key Financial Results – Second Quarter 2010

•Revenues were $307.6 million, up 12.7% from $272.9 million in the second quarter of 2009 and up 6.7% from the first quarter of 2010, driven by business process management growth of 21.1% for Global Clients and 8.7% for GE
•Net income attributable to Genpact Limited shareholders was $27.8 million, down 6.2% from $29.7 million in the second quarter of 2009
•Diluted earnings per common share were $0.12, compared to $0.14 in the second quarter of 2009
•Adjusted income from operations was $46.6 million, compared to $48.4 million in the second quarter of 2009 and $44.0 million in the first quarter of 2010
•Adjusted income from operations margin was 15.1%, compared to 17.7% in the second quarter of 2009
•Adjusted diluted earnings per share were $0.15, compared to $0.18 in the second quarter of 2009

2010 Outlook

Genpact expects revenue growth in 2010 of 14% to 17% and adjusted income from operations margin of 17% to 18%.

http://www.genpact.com/home/aboutgenpact/press-releases/results-for-Q2-2010.aspx

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Posted by Guru's Pick on Tuesday, September 28, 2010 4:26 PM
     
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