Genpact (G) is a leading offshore outsourcing solutions provider. It manages business processes for companies around the world. The company offers a wide range of customers such as banking financial services and insurance transportation manufacturing and healthcare business process outsourcing (BPO) and IT services. Enterprises outsource their work mainly because of their cheap and skilled labor GENPACT. India’s talent pool provides the best strategic location GENPACT’s. It is considered a pioneer in the business process outsourcing industry. Over the years the company has established a strong business processes bringing together the specific skills of human capital the establishment of a strong training domain and earning him a wide range of global customers. Genpact was formerly a state-owned company GE until split in 2005. Genpact its non-GE revenues increased by 65% per year after splitting from GE.
Genpact again positioned in the Leaders Quadrant by Gartner the fourth consecutive year. This is a positive development for the company because it shows the company has a strong pipeline Genpact visionary leader who can execute plans.
Genpact registered healthy performance despite the weak global economic climate. The company has healthy future prospects for better sales force productivity and large transactions in its pipeline.
Genpact announced the extension of the contract Glenworth Financial companies financial guarantee companies. According to the contract Genpact will continue to provide business process management services.
GlaxoSmithKline (GSK) and Genpact extended financial and accounting services five-year contract.
This will help the company to achieve organic growth. Company 1Q2013 results than expected due to strong business process management (BPM) and global customer momentum.
The most recent quarter’s results were better than expected: The company 1Q2013 Revenue $ 503.8 million ($ 499.1 million with a consensus) up 15.7 percent from the first quarter of 2012 $ 435.5 million. The company’s revenue grew 13% not including JAWOOD accounting Square (explained later in the article). From the first quarter of 2012 to 38.5 billion U.S. dollars net income increased 21.3% to 4670 ten thousand U.S. dollars 1Q2013. From 2012 to 8.9% in the first quarter net profit margin rose to 9.3% 1Q2013. The company’s earnings per share $ 0.20 (with the first quarter of 2012 was $ 0.17) above the consensus estimate of $ 0.18.