Business process management firm Genpact on Friday reported a net income of $49 million for the second quarter ended June 30, 2014, down 23 per cent as compared with $63.9 million in the second quarter of 2013. However, revenues of the Nasdaq-listed company grew five per cent year-on-year during the quarter to $561.6. The company, which follows calendar year, said it expects to close 2014 with revenues of $2.24 to $2.28 billion with adjusted operating income margin between 15 and 15.5 per cent.

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