Genpact reported a 21.3 per cent rise in its first quarter net profit, boosted by an increase in its margins and revenues. Genpact said its net profit was $46.7 million for the quarter ended March 31, 2013.
Revenues for the first quarter rose to $503.8 million, up 15.7 per cent from $435.5 million in the first quarter of 2012.
Net income margin for the first quarter of 2013 was 9.3 per cent, compared to 8.9 per cent in the first quarter of 2012.
N.V. 'Tiger' Tyagarajan, Genpact's president and CEO said, "Genpact's first quarter results included solid growth in revenues, adjusted operating income and cash flow from operations. We have had a good start to 2013 with another quarter of consistent growth for Genpact.."
As of March 31, 2013, Genpact had approximately 60,200 employees worldwide, an increase from approximately 56,500 as of March 31, 2012.
(With Agency Inputs)
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