Key Financial Results -- Second Quarter 2009

Revenues were $272.9 million, up 8% from $253.6 million in the second quarter of 2008.

Net income attributable to Genpact Limited common shareholders was $29.7 million, up 20% from $24.8 million in the second quarter of 2008; net income margin for the second quarter of 2009 was 10.9%, up from 9.8% in the second quarter of 2008.

Diluted earnings per common share attributable to Genpact Limited common shareholders were $0.14, up from $0.11 per share in the second quarter of 2008.

Adjusted income from operations increased 16% to $48.4 million compared to $41.8 million in the second quarter of 2008.

Adjusted income from operations margin was 17.7%, up from 16.5% in the second quarter of 2008.

Adjusted diluted earnings per share attributable to Genpact Limited common shareholders were $0.18, consistent with the second quarter of 2008.

Pramod Bhasin, Genpact's President and CEO said, "Genpact completed the second quarter of 2009 with a solid performance. Despite what remains a challenging economic environment, we delivered growth in the quarter, both year-over-year and sequentially, in revenue, margins, operating income and cash flow. Revenue increased 8% year-over-year to $273 million, reflecting superior growth in our Global Client business, as well as across regions. Adjusted income from operations margin increased to 17.7% in the second quarter of 2009, compared to 16.5% for the second quarter of 2008. These improved results reflect our operational excellence and cost management expertise, and give us confidence in our margin outlook for the year."

Revenues from clients other than GE, which Genpact refers to as Global Client revenues, grew 27% over the second quarter of 2008. Revenues from Global Clients now represent approximately 60% of Genpact's total revenues, with the remaining 40% of revenues coming from GE. GE revenues decreased 7% from the second quarter of 2008, adjusted for dispositions by GE.

Approximately 83% of Genpact's revenues for the quarter came from business process services, up from 79% for the second quarter of 2008, while revenues from IT services were approximately 17% of total revenues for the second quarter of 2009 as compared to 21% for the second quarter of 2008.

In the second quarter of 2009, 35 client relationships each accounted for $5 million or more of Genpact's revenues in the last twelve months, up from 29 such relationships at the end of 2008. Of those, five client relationships each accounted for $25 million or more of Genpact's revenues in the last twelve months.

Genpact generated $49 million of cash from operations in the second quarter of 2009, up from $48 million in the second quarter of 2008. Genpact has a strong balance sheet, with approximately $367 million in Cash and Cash Equivalents, Short Term Investments and Short Term Deposits.

Year-to-Date Results

Revenues were $538.7 million, up 10% from $488.2 for the first half of 2008.

Net income attributable to Genpact Limited common shareholders was $59.6 million, up 34% from $44.5 million in the first half of 2008; net income margin for the first half of 2009 was 11.1%, up from 9.1% in the first half of 2008.

Diluted earnings per common share attributable to Genpact Limited common shareholders were $0.27, up from $0.20 per share in the first half of 2008.

Adjusted income from operations increased 29% to $90.5 million compared to $70.2 million for the first half of 2008.

Adjusted income from operations margin was 16.8%, up from 14.4% in the first half of 2008.

Adjusted diluted earnings per share attributable to Genpact Limited common shareholders were $0.35, up from $0.32 in the first half of 2008.

Annualized revenue per employee increased to approximately $30,600 for the first half of 2009 from $29,700 in the first half of 2008. As of June 30, 2009, Genpact had approximately 37,400 employees worldwide, an increase from 35,500 as of June 30, 2008. Genpact's employee attrition rate for the first half of 2009, measured from day one of employment, was 22%, down from 25% for the same period in 2008. Genpact's attrition rate would be 19% if measured after six months of employment, as many of Genpact's competitors do.

Bhasin continued, "Although we are satisfied with our results for the quarter, in light of the environment of continuing delays and uncertainty, and based on the trends in the second quarter that we believe are likely to continue, we feel it is appropriate at this time to revise our annual guidance for 2009. We are therefore lowering our revenue guidance to a range of 6-9%, from 10-15% growth over 2008. However, by continuing to manage our costs aggressively, we are driving significant earnings growth even in this environment. As a result we are raising our adjusted operating margin guidance to a range of 17-17.5% from 16-17%. We remain very positive about the drivers of growth for our industry and Genpact over the mid- and longer term. Our Global Client growth engine is healthy and robust, our relationship with GE is strong and deep and our profitability is expanding, even in a tough economy."

Conference Call

Genpact management will host a conference call beginning at 8:00a.m. EDT on August 4, 2009 to discuss the company's performance for the periods ended June 30, 2009. To participate, callers can dial 1 (866) 543-6407 from within the U.S. or 1 (617) 213-8898 from any other country. Thereafter, callers will be prompted to enter the participant passcode, which is 42150539.

For those who cannot participate in the call, a replay and podcast will be available on Genpact's website, www.genpact.com, after the end of the call. A transcript of the call will also be made available on Genpact's website.

About Genpact

Genpact is a leader in the globalization of services and technology and a pioneer in managing business processes for companies around the world. The company combines process expertise, information technology and analytical capabilities with operational insight and experience in diverse industries to provide a wide range of services using its global delivery platform. Genpact helps companies improve the ways in which they do business by applying Six Sigma and Lean principles plus technology to continuously improve their business processes. Genpact operates service delivery centers in China, Guatemala, Hungary, India, Mexico, Morocco, the Netherlands, the Philippines, Poland, Romania, South Africa, Spain and the United States. For more information, see our website at: www.genpact.com.

Safe Harbor

This press release contains certain statements concerning our future growth prospects and forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those in such forward-looking statements.