Genpact has reported revenue of $689 million (+11 percent) and operations income of $64 million (–19 percent) in Q1 2018.
“Our Transformation Services and Intelligent Operations, are unlocking many opportunities for us to win new logos as well as increase penetration with existing clients, including more sole-sourced deals,” said Genpact CEO Tiger Tyagarajan.
Revenue from Global Clients was $631 million (+14 percent), representing approximately 92 percent of total revenues.
Revenue from GE was $58 million (–16 percent), representing approximately 8 percent of total revenues.
BPO revenue was $574 million (–12 percent), representing approximately 83 percent of total revenues.
Global Client BPO revenue was $540 million (+17 percent).
GE BPO revenue was $34 million (–31 percent).
Total IT revenue was $115 million (+3 percent), representing approximately 17 percent of total revenues.
Global Client IT revenue was $91 million (–1 percent). GE IT revenue was $24 million, up 19 percent year-over-year.
Genpact is aiming to achieve revenue of $2.93 billion to $3 billion with operations income margin of approximately 15.8 percent in 2018.