Genpact has announced results for Q3 2021:
- Revenues were $1,015.7m, 8.9%y/y, 8% in CC
- EBIT was $132.3m, an EBIT margin of 13.0%, down 0.3bps y/y
- Adjusted EBIT was $168.9m, an adjusted EBIT margin of 16.6%, down 4.7bps y/y.
Q3 2021 revenue (and y/y growth) by client type was:
- Global Clients: $920.6m (+11.7%, +11% in CC)
- GE: $95.1m (-14.6%).
Q3 2021 revenue (and y/y growth) by sector was:
- BFSI: $258.6m (-8.9%)
- Consumer Goods $388.1m (+21.9%)
- Manufacturing and Services: $366.7m (8.2%)
- Other: $2.4m (-143.1%).
Key clients at the end of Q3 2021: the number of clients in different bands of annual revenue contribution (and in the prior year period) is:
- >$25m: 26 (23)
- $5m-$15m: 90 (83)
- $15m-$25m: 116 (106)
As at end September 2021, Genpact has ~105,300 employees worldwide, up 8.9% from ~96.7k at end September 2021.
TTM attrition rate, measured from the first day of employment, was 33%, up from 19% previous year.
Full year revenue guidance is $3.96-$4.00bn, an increase of 5.5-6.5% in CC.
Vendor | Genpact |
Initial currency type (specify local currency used) | US$ |
Period Ending | 2021-09-30 |
Growth | 9.8 |
Revenues ((m) in local currency | 1015.7 |
Revenues (in $m at that date) | 1015.7 |