Genpact has announced results for Q1 2021:
- Revenues were $946.1, up 2.5 y/y, up 1% in CC
- EBIT was $127.9m, an EBIT margin of 13.5%, up 153 bps y/y
- Adjusted EBIT was $162.7m, an adjusted EBIT margin of 17.2%, up 249 bps y/y.
Q1 2021 revenue (and y/y growth) by client type was:
- Global Clients: $853.1m (+6.4 %, +5% in CC)
- GE: $93.0m (-23.5%).
Q1 2021 revenue (and y/y growth) by sector was:
- BFSI: $242.3m (-9.8%)
- Consumer Goods $340.0 (11.4%)
- Manufacturing and Services: $356.9m (+0.8%)
- Other: ($6.8m) (-236%).
Key clients at the end of Q1 2021: the number of clients in different bands of annual revenue contribution (and in the prior year period) is:
- >$25m: 23 (29)
- $5m-$15m: 85 (76)
- $15m-$25m: 108 (105)
As at end March 2020, Genpact has ~97,100 employees worldwide, up 0.3% from ~96.8k at end March 2019.
TTM attrition rate, measured from the first day of employment, was 25%, down from 26% previous year.
Full year revenue guidance is $3.93-$3.99bn, a increase of 5.0-6.5% in CC.
| Vendor | Genpact |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2021-03-31 |
| Growth | 2.5 |
| Revenues ((m) in local currency | 946.1 |
| Revenues (in $m at that date) | 946.1 |