Page 1

EX - 99.12 genpactltdexhibit991.htm EX - 99.1 Exhibit 99.1 genpact Transformation Happens Here Genpact Reports Third Quarter 2021 Results Total Revenue of $ 1.02 billion , Up 9 % ( 8 % on a constant currency basis ) ¹ Global Client Revenue of $ 921 million , Up 12 % ( 11 % on a constant currency basis ) ¹ , 2 Diluted EPS of $ 0.53 , Up 23 % ; Adjusted Diluted EPS³ of $ 0.66 , Up 18 % - NEW YORK , November 9 , 2021 - Genpact Limited ( NYSE : G ) , a global professional services firm focused on delivering digital transformation , today announced financial results for the third quarter ended September 30 , 2021 . “ Our third quarter performance reflects continued momentum across our business . Global Client top line performance , which grew at 11 % on a constant currency basis , was once again driven by strong demand for Transformation Services , made up of Analytics , Digital , and Consulting , ” said " Tiger " Tyagarajan , Genpact's president and CEO . “ Our strategic investments over the years in capabilities and talent , including the continuous training and development of our global workforce , positions us well to address the pressing challenges and opportunities our clients are facing . This quarter we achieved the milestone of crossing the threshold of a billion dollars in quarterly total revenue for the first time . " Key Financial Results – Third Quarter 2021 • • • • • • • 1 Total revenue was $ 1.02 billion , up 9 % year - over - year ( 8 % on a constant currency basis ) .¹ Revenue from Global Clients was $ 921 million , up 12 % ² year - over - year ( 11 % on a constant currency basis ) 1,2 representing 91 % of total revenue , including $ 10 million of revenue from certain GE - divested businesses that is now included in Global Client revenue . Excluding the revenue from such GE - divested businesses , revenue from Global Clients increased 10 % year over year ( 9 % on a constant currency basis ) .¹ Revenue from GE was $ 95 million , down 15 % year - over - year , representing 9 % of total revenue . This excludes $ 10 million of revenue from certain GE - divested businesses that is now included as Global Client revenue . If the revenue from these GE - divested businesses had been counted as GE revenue in the third quarter of 2021 , revenue from GE would have decreased 6 % year - over - year . Net income was $ 102 million , up 20 % year - over - year , with a corresponding margin of 10.1 % . Income from operations was $ 132 million , up 6 % year - over - year , with a corresponding margin of 13.0 % . Adjusted income from operations was $ 169 million , up 6 % year - over - year , with a corresponding margin of 16.6 % .4 Diluted earnings per share was $ 0.53 , up 23 % year - over - year , and adjusted diluted earnings per share³ was $ 0.66 , up 18 % year - over - year . Cash generated from operations was $ 210 million , compared to $ 252 million during the third quarter of 2020 . Revenue growth on a constant currency basis is a non - GAAP measure and is calculated by restating current - period activity using the prior fiscal period's foreign currency exchange rates adjusted for hedging gains / losses in such period . 2 Global Client revenue for the third quarter of 2021 includes revenue from certain businesses divested by GE that we continue to serve as Global Clients . Revenue from such businesses has been counted as Global Client revenue beginning January 1 , 2021 . 3 Adjusted diluted earnings per share is a non - GAAP measure . A reconciliation of GAAP diluted earnings per share to adjusted diluted earnings per share is attached to this release . 4 Adjusted income from operations and adjusted income from operations margin are non - GAAP measures . Reconciliations of each of GAAP income from operations and GAAP net income to adjusted income from operations and GAAP income from operations margin and GAAP net income margin to adjusted income from operations margin are attached to this release .