The acquisition of High Performance Partners (mortgage industry solutions)
and Symphony Marketing Solutions (data analytics services) bolstered the IT
contribution to the overall Genpact pie. However, revenue from the IT business
declined to 14.8% (of total net revenue of Genpact) in JFM from 16.9% in the
corresponding quarter of the previous year. This was due to the continued
reduction in spending on discretionary IT projects as well as a reduction in
prices, though it was partially offset by new global client wins in India and
growth in China and the Netherlands.
|
|
FACTSHEET
l CEO: Pramod Bhasin l Start-up |