Business process management firm Genpact on Friday said it expects revenue to be in the range of $2.15-$2.2 billion and adjusted operating income margin in the range of 15.8 per cent to 16.3 per cent for the full year 2013.
The guidance reflected the revenue contribution and slight margin dilution resulting from the company’s acquisition of Jawood on Thursday, it said.
“We remain cautious, as are many of our clients, about the global economy in the near term, even as we see signs of improvement, and we are bullish on the long term,” NV Tyagarajan, President and Chief Executive Officer, Genpact, said.
He said without the anticipated impact of Jawood, the company would have expected 2013 adjusted operating income margin to be in the range of 16 to 16.5 per cent.
The company meanwhile, announced results for the fourth quarter and full-year ended December.
The New York Stock Exchange-listed company reported a consolidated net profit of $53.4 million for the quarter, down 13 per cent compared with $61.1 million in the same period in 2011.
However, revenues were up 14.7 per cent at $507.7 million during the October-December quarter from $442.7 million in the fourth quarter of 2011.
“In 2012, we delivered growth in revenues and adjusted operating income. In addition, we expanded and strengthened our capabilities across our enterprise services offerings, industry vertical markets and geographies with both investment initiatives and acquisitions,” Tyagarajan said.
He said the company also provided a substantial return of capital to its shareholders in the form of a $502-million special cash dividend.
For the full year, the company reported a net profit of $178.2 million, down 3 per cent compared with $184.3 million in 2011.
However, its revenues went up 19 per cent to $ 1.9 billion from $1.6 billion.