Genpact revenue up by 29.6% in Q4'11

Genpact has clocked an annual revenue of $1.60 billion in 2011, up by 27.1% from $1.26 billion in 2010.

The company's fourth quarter revenue stands at $442.7 million in 2011, it is up by 29.6% compared to the corresponding quarter in 2010.

Genpact generated $266.6 million of cash from operations in 2011 and $89.5 million in the fourth quarter of 2011, up from $163.1 million of cash from operations in 2010 and $85.1 million in the fourth quarter of 2010, primarily due to increased cash earnings and to some non-recurring items. Genpact had approximately $408.0 million in cash and cash equivalents as of December 31, 2011.

Genpact has also increased its manpower worldwide from 43,900 in 2010 to 55,400 employees by December 31st, 2011. Revenue per employee in 2011 was $34,100, up from $31,100 in 2010.

Referring to the growth plans in 2012, Tyagarajan, president and CEO, Genpact stated, "In an environment where our clients are facing ongoing macro-economic uncertainty and volatility, we expect annual revenues for 2012 between $1.84 billion and $1.88 billion. We will continue to invest for growth and expect adjusted income from operations margin in 2012 of 16% to 16.5%.”