Genpact LTD
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
G$43.07+1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
| Year ended December 31, | ||||
|---|---|---|---|---|
| Notes | 2021 | 2022 | 2023 | |
| Net revenues | 24, 25 | 4,022,211 | 4,371,172 | 4,476,888 |
| Cost of revenue | 2,590,252 | 2,834,774 | 2,906,223 | |
| Gross profit | $1,431,959 | $1,536,398 | $1,570,665 | |
| Operating expenses: | ||||
| Selling, general and administrative expenses | 865,715 | 938,385 | 913,061 | |
| Amortization of acquired intangible assets | 10 | 58,448 | 42,667 | 31,463 |
| Other operating (income) expense, net | 21 | (1,203) | 53,195 | (4,716) |
| Income from operations | $508,999 | $502,151 | $630,857 | |
| Foreign exchange gains (losses), net | 12,669 | 15,392 | 4,274 | |
| Interest income (expense), net | 22 | (51,434) | (52,204) | (47,935) |
| Other income (expense), net | 12,895 | (103) | 15,028 | |
| Income before income tax expense (benefit) | $483,129 | $465,236 | $602,224 | |
| Income tax expense (benefit) | 23 | 113,681 | 111,832 | (29,031) |
| Net income | $369,448 | $353,404 | $631,255 | |
| Earnings per common share | 20 | |||
| Basic | $1.97 | $1.92 | $3.46 | |
| Diluted | $1.91 | $1.88 | $3.41 | |
| Weighted average number of common shares used in computing earnings per common share | 20 | |||
| Basic | 187,802,219 | 184,184,930 | 182,345,548 | |
| Diluted | 192,961,841 | 188,087,240 | 185,141,843 | |
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