Genpact has announced results for Q1 2022:
- Revenues were $1,068.4m, 12.9%y/y, 14% in CC
- EBIT was $133.9m, an EBIT margin of 12.5%, down 1.0 bps y/y
- Adjusted EBIT was $160.-m, an adjusted EBIT margin of 15.0%, down 22.2bps y/y.
Q1 2022 revenue (and y/y growth) by client type was:
- Global Clients: $973.3m (+14.1%, +15% in CC)
- GE: $95.2m (+2.3%).
Q1 2022 revenue (and y/y growth) by sector was:
- BFSI: $276.2m (+14.0%)
- Consumer Goods $404.2m (+18.9%)
- Manufacturing and Services: $394.9m (+10.7%)
- Other: ($6.8) (-200.7%).
Key clients at the end of Q1 2022: the number of clients in different bands of annual revenue contribution (and in the prior year period) is:
- >$25m: 29 (23)
- $5m-$15m: 90 (85)
- $15m-$25m: 119 (108)
As at end March 2021, Genpact has ~113,500 employees worldwide, up 16.9% from ~97.1k at end March 2021.
TTM attrition rate, measured from the first day of employment, was 33%, up from 25% previous year.
Full year revenue guidance is $4.325-$4.4bn, an increase of 9.0-11.0% in CC.
| Vendor | Genpact |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2022-03-31 |
| Growth | 12.9 |
| Revenues ((m) in local currency | 1068.4 |
| Revenues (in $m at that date) | 1068.4 |