8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 4, 2016

GENPACT LIMITED

(Exact name of registrant as specified in its charter)

Bermuda	001-33626	98-0533350
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

Canon’s Court, 22 Victoria Street

Hamilton HM 12, Bermuda

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (441) 295-2244

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On February 4, 2016, Genpact Limited (the “Company”) issued a press release announcing its financial results for the three months and full year ended December 31, 2015. The Company is furnishing this Form 8-K pursuant to Item 2.02, “Results of Operations and Financial Condition.” A copy of the press release, attached hereto as Exhibit 99.1, and a slide presentation to be presented during the conference call to discuss the Company’s financial results for the three months and full year ended December 31, 2015, attached hereto as Exhibit 99.2, are incorporated herein by reference.

The information in this report (including Exhibits 99.1 and 99.2) is being furnished pursuant to Item 2.02 and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

The Company is making reference to non-GAAP financial information in the press release and slide presentation and on the conference call. A reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached press release and slide presentation.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits:

Exhibit 99.1	Press release dated February 4, 2016
Exhibit 99.2	Slide presentation to be presented during the conference call to discuss the Company’s financial results for the three months and full year ended December 31, 2015

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	GENPACT LIMITED
Date: February 4, 2016	By:	/s/ Heather D. White
	Name:	Heather D. White
	Title:	Senior Vice President

EXHIBIT INDEX

Exhibit	Description
99.1	Press release dated February 4, 2016
99.2	Slide presentation to be presented during the conference call to discuss the Company’s financial results for the three months and full year ended December 31, 2015

EX-99.1

Exhibit 99.1

Genpact Reports Full Year and Fourth Quarter 2015 Results

FY ’15 Revenues Up 8% (~10% on a constant currency basis)

FY ’15 Global Client Revenues Up 10% (~13% on a constant currency basis)

FY ’15 Adjusted Income from Operations Up 10%; Adjusted Diluted EPS Up 22%

FY ’15 New Bookings¹ Up 20%

NEW YORK, February 4, 2016 — Genpact Limited (NYSE: G), a global leader in digitally-powered business process management and services, today announced financial results for the fourth quarter and full year ended December 31, 2015.

“We are very pleased with our strong fourth quarter and full year results. During 2015, we continued to execute on our strategy that is focused on key verticals, service lines and geographies to drive long-term Global Client growth,” said N.V. “Tiger” Tyagarajan, Genpact’s president and CEO. “Our investments in client-facing teams and exciting digital and analytics capabilities with domain expertise are resonating in the marketplace, as reflected in our all-time high bookings in 2015. Our Lean Digital^SM approach brings together design thinking methods, digital process-centric technologies, and Lean principles along with domain expertise, which differentiates our value proposition and is helping us win a large number of complex transformational engagements.

Key Financial Results – Full Year 2015

• Total revenue was $2.46 billion, up 8% year over year (up ~10% on a constant currency basis).

• Income from operations was $334.2 million, up 14% year over year, and adjusted income from operations was $377.2 million, up 10% year over year, with an adjusted income from operations margin of 15.3%.

• Diluted earnings per share were $1.09, up 28% year over year, and adjusted diluted earnings per share were $1.26, up 22% year over year.

• The effective tax rate was 20.5%, down from 23.0% in 2014.

• New bookings were $2.59 billion, up 20% from $2.16 billion in 2014.

• Genpact repurchased approximately 9.9 million of its common shares during 2015 for a total of $227 million at an average price of $23.00 per share.

Key Financial Results – Fourth Quarter 2015

• Total revenue was $646.5 million, up 7% year over year (up ~10% on a constant currency basis).

• Income from operations was $83.4 million, up 18% year over year, and adjusted income from operations was $95.6 million, up 17% year over year, with an adjusted income from operations margin of 14.8%.

• Diluted earnings per share were $0.30, up 44% year over year, and adjusted diluted earnings per share were $0.34, up 32% year over year.

• Genpact repurchased approximately 2.8 million of its common shares in the fourth quarter for a total of $68 million at an average price of $24.62 per share.

¹  New bookings represents the total contract value of new contracts, and certain renewals, extensions and changes to existing contracts. Regular renewals of contracts with no change in scope are not counted as new bookings.

Revenue Details – Full Year 2015

• Revenues from Global Clients was $2.0 billion, up 10% year over year (up ~13% on a constant currency basis), representing approximately 81% of total revenues.

• Revenue from GE was $460 million, down 1% year over year, representing approximately 19% of total revenues.

• Total BPO revenue was $1.93 billion, up 11% year over year, representing approximately 79% of total revenues.

• Global Client BPO revenue was $1.58 billion, up 14% year over year (up ~17% on a constant currency basis).

• GE BPO revenue was $355 million, unchanged from 2014.

• Total IT revenue was $528 million, down 3% year over year, representing approximately 21% of total revenues.

• Global Client IT revenue was $423 million, down 2% year over year.

• GE IT revenue was $105 million, down 5% year over year.

Revenue Details – Fourth Quarter 2015

• Revenue from Global Clients was $529 million, up 10% year over year (up ~13% on a constant currency basis), representing approximately 82% of total revenues.

• Revenue from GE was $117 million, down 1% year over year, representing approximately 18% of total revenues.

• Total BPO revenue was $507 million, up 9% year over year, representing approximately 78% of total revenues.

• Global Client BPO revenue was $419 million, up 11% year over year (up ~14% on a constant currency basis).

• GE BPO revenue was $88 million, down 2% year over year.

• Total IT revenue was $139 million, up 4% year over year, representing approximately 22% of total revenues.

• Global Client IT revenue was $110 million, up 5% year over year.

• GE IT revenue was $29 million, unchanged from the fourth quarter of 2014.

Cash Flow from Operations

• Cash from operations was $327 million for the full year 2015, up 20% from $272 million for the full year 2014, and was $74 million in the fourth quarter of 2015, down from $93 million in the fourth quarter of 2014.

Other Metrics

• For the 12-month period ended December 31, 2015, the number of client relationships generating annual revenue over $5 million increased to 103 from 89 as of December 31, 2014. This includes client relationships with more than $15 million in annual revenue increasing to 34 from 32, and client relationships with more than $25 million in annual revenue increasing to 18 from 16.

• Genpact’s employee attrition rate for 2015 was approximately 27%, measured from the first day of employment, compared to 25% for 2014.

2016 Outlook

Genpact expects:

• Total revenue for 2016 to be in the range of $2.62 to $2.66 billion, which represents a constant currency growth range of 8 - 10%;

• Global Client constant currency growth to be in a range of 12.5 - 14%;

• Adjusted income from operations margin to be approximately 15.5%; and

• Adjusted EPS of $1.40 - $1.42 (assuming weighted average shares outstanding of approximately 215.5 million).

Conference Call to Discuss Financial Results

Genpact’s management will host an hour-long conference call beginning at 4:30 p.m. ET on February 4, 2016 to discuss the company’s performance for the fourth quarter and full year 2015. To participate, callers can dial +1 (877) 723-7442 from within the U.S. or +1 (503) 406-4433 from any other country. Thereafter, callers will be prompted to enter the participant code, 18228746.

A live webcast of the call including slides with our comments will be made available on the Genpact Investor Relations website at http://investors.genpact.com. For those who cannot participate in the call, a replay and podcast will be available on the Genpact website after the end of the call. A transcript of the call as well as the presentation slides will also be made available on the website.

About Genpact

Genpact (NYSE: G) stands for “generating business impact.” We are a global leader in digitally-powered business process management and services. We architect the Lean Digital^SM enterprise through our patented Smart Enterprise Processes (SEP^SM) framework that reimagines our clients’ operating model end-to-end, including the middle and back offices. This creates Intelligent Operations^SM that we help design, transform, and run. The impact on our clients is a high return on transformation investments through growth, efficiency, and business agility. For two decades, first as a General Electric division and later as an independent company, we have been passionately serving our clients. Today, we generate impact for a few hundred strategic clients, including approximately one-fifth of the Fortune Global 500, and have grown to over 70,000 people in 25 countries, with key offices in New York City. The resulting business process and industry domain expertise and experience running complex operations are a unique heritage and focus that help us drive the best choices across technology, analytics, and organizational design. For additional information, visit 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. These risks, uncertainties and other factors include but are not limited to a slowdown in the economies and sectors in which our clients operate, a slowdown in the business process outsourcing and information technology services sectors, the risks and uncertainties arising from our past and future acquisitions, our ability to convert bookings to revenues, our ability to manage growth, factors which may impact our cost advantage, wage increases, changes in tax rates and tax legislation, our ability to attract and retain skilled professionals, risks and uncertainties regarding fluctuations in our earnings, foreign currency fluctuations, general economic conditions affecting our industry as well as other risks detailed in our reports filed with the U.S. Securities and Exchange Commission, including Genpact’s Annual Report on Form 10-K. These filings are available at www.sec.gov. Genpact may from time to time make additional written and oral forward-looking statements, including statements contained in our filings with the Securities and Exchange Commission and our reports to shareholders. Although Genpact believes that these forward-looking statements are based on reasonable assumptions, you are cautioned not to put undue reliance on these forward-looking statements,

which reflect management’s current analysis of future events and should not be relied upon as representing management’s expectations or beliefs as of any date subsequent to the time they are made. Genpact undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of Genpact.

Contact

Investors	Roger Sachs, CFA
	+1 (203) 808-6725
	roger.sachs@genpact.com
Media	Gail Marold
	+1 (919) 345-3899
	gail.marold@genpact.com

GENPACT LIMITED AND ITS SUBSIDIARIES

Consolidated Balance Sheets

(Unaudited)

(In thousands, except per share data and share count)

	As of December 31,		As of December 31,
	2014		2015
Assets
Current assets
Cash and cash equivalents	$	461,788	$	450,907
Accounts receivable, net		525,754		590,137
Deferred tax assets		45,486		—
Prepaid expenses and other current assets		155,480		154,025
Total current assets	$	1,188,508	$	1,195,069
Property, plant and equipment, net		175,936		175,396
Deferred tax assets		59,135		99,395
Investment in equity affiliates		494		6,677
Intangible assets, net		114,544		98,601
Goodwill		1,057,214		1,038,346
Other assets		146,706		180,005
Total assets	$	2,742,537	$	2,793,489

GENPACT LIMITED AND ITS SUBSIDIARIES

Consolidated Balance Sheets

(Unaudited)

(In thousands, except per share data and share count)

	As of December 31,			As of December 31,
	2014			2015
Liabilities and equity
Current liabilities
Short-term borrowings	$	135,000		$	21,500
Current portion of long-term debt		4,288			39,134
Accounts payable		15,544			10,086
Income taxes payable		13,586			24,122
Deferred tax liabilities		1,239			—
Accrued expenses and other current liabilities		452,457			499,638
Total current liabilities	$	622,114		$	594,480
Long-term debt, less current portion		649,314			737,332
Deferred tax liabilities		6,671			2,093
Other liabilities		179,302			155,228
Total liabilities	$	1,457,401		$	1,489,133
Shareholders’ equity
Preferred shares, $0.01 par value, 250,000,000 authorized, none issued		—			—
Common shares, $0.01 par value, 500,000,000 authorized, 218,684,205 and 211,472,312 issued and outstanding as of December 31, 2014 and December 31, 2015, respectively		2,184			2,111
Additional paid-in capital		1,296,730			1,342,022
Retained earnings		398,706			411,508
Accumulated other comprehensive income (loss)		(412,484	)		(451,285	)
Total equity	$	1,285,136		$	1,304,356
Total liabilities and equity	$	2,742,537		$	2,793,489

GENPACT LIMITED AND ITS SUBSIDIARIES

Consolidated Statements of Income

(Unaudited)

(In thousands, except per share data and share count)

	Three months ended December 31,
	2013			2014			2015
Net revenues
Net revenues from services	$	558,459		$	601,530		$	646,528
Cost of revenue
Services		345,842			359,199			393,937
Gross profit	$	212,617		$	242,331		$	252,591
Operating expenses:
Selling, general and administrative expenses		136,178			167,285			165,413
Amortization of acquired intangible assets		6,042			7,926			6,638
Other operating (income) expense, net		(1,236	)		(3,746	)		(2,906	)
Income from operations	$	71,633		$	70,866		$	83,446
Foreign exchange (gains) losses, net		3,856			270			(1,171	)
Other income (expense), net		(5,204	)		(7,806	)		69
Income before equity-method investment activity, net and income tax expense	$	62,573		$	62,790		$	84,686
Loss (gain) on equity-method investment activity, net		(30	)		4,882			2,805
Income before income tax expense	$	62,603		$	57,908		$	81,881
Income tax expense		12,697			12,156			17,468
Net Income	$	49,906		$	45,752		$	64,413
Net income attributable to noncontrolling interest		1,064			—			—
Net income attributable to Genpact Limited shareholders	$	48,842		$	45,752		$	64,413
Net income available to Genpact Limited common shareholders		48,842			45,752			64,413
Earnings per common share attributable to Genpact Limited common shareholders
Basic		0.20			0.20			0.30
Diluted		0.21			0.21			0.30
Weighted average number of common shares used in computing earnings per common share attributable to Genpact Limited common shareholders
Basic		230,871,408			217,279,606			212,697,001
Diluted		237,730,091			221,353,612			215,675,065

GENPACT LIMITED AND ITS SUBSIDIARIES

Consolidated Statements of Income

(Unaudited)

(In thousands, except per share data and share count)

	Year ended December 31,
	2013			2014			2015
Net revenues
Net revenues from services	$	2,131,997		$	2,279,438		$	2,461,044
Cost of revenue
Services		1,319,571			1,378,088			1,493,547
Gross profit	$	812,426		$	901,350		$	967,497
Operating expenses:
Selling, general and administrative expenses		484,810			585,646			608,114
Amortization of acquired intangible assets		23,645			28,543			28,513
Other operating (income) expense, net		(5,556	)		(6,870	)		(3,322	)
Income from operations	$	309,527		$	294,031		$	334,192
Foreign exchange (gains) losses, net		(20,763	)		12,363			(5,269	)
Other income (expense), net		(24,308	)		(27,283	)		(26,907	)
Income before equity-method investment activity, net and income tax expense	$	305,982		$	254,385		$	312,554
Loss (gain) on equity-method investment activity, net		(169	)		4,795			10,800
Income before income tax expense	$	306,151		$	249,590		$	301,754
Income tax expense		71,100			57,419			61,937
Net Income	$	235,051		$	192,171		$	239,817
Net income attributable to noncontrolling interest		5,334			169			—
Net income attributable to Genpact Limited shareholders	$	229,717		$	192,002		$	239,817
Net income available to Genpact Limited common shareholders	$	229,717		$	192,002		$	239,817
Earnings per common share attributable to Genpact Limited common shareholders
Basic	$	1.00		$	0.87		$	1.11
Diluted	$	0.97		$	0.85		$	1.09
Weighted average number of common shares used in computing earnings per common share attributable to Genpact Limited common shareholders
Basic		229,348,411			220,847,098			216,606,542
Diluted		235,754,267			225,168,665			219,145,044

GENPACT LIMITED AND ITS SUBSIDIARIES

Consolidated Statements of Cash Flows

(Unaudited)

(In thousands)

	Year ended December 31,
	2013			2014			2015
Operating activities
Net income attributable to Genpact Limited shareholders	$	229,717		$	192,002		$	239,817
Net income attributable to noncontrolling interest		5,334			169			—
Net income	$	235,051		$	192,171		$	239,817
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Depreciation and amortization		52,815			51,064			54,286
Amortization of debt issuance costs (including loss on extinguishment of debt)		6,035			3,240			13,546
Amortization of acquired intangible assets		23,645			28,543			28,513
Intangible assets write-down		—			—			10,714
Reserve for doubtful receivables		11,420			3,107			2,449
Unrealized (gain) loss on revaluation of foreign currency asset/liability		(6,251	)		9,419			(4,999	)
Equity-method investment activity, net		(169	)		4,795			10,800
Excess tax benefit on stock-based compensation		—			—			(6,560	)
Stock-based compensation expense		31,129			28,065			24,976
Deferred income taxes		(1,116	)		(12,252	)		(18,713	)
Others, net		5,939			1,291			(238	)
Change in operating assets and liabilities:
Increase in accounts receivable		(60,817	)		(24,088	)		(78,923	)
Decrease (increase) in prepaid expenses, other current assets and other assets		9,377			(31,657	)		(32,602	)
Increase (decrease) in accounts payable		1,785			(7,268	)		(3,988	)
Increase in accrued expenses, other current liabilities and other liabilities		9,316			27,500			69,606
Increase (decrease) in income taxes payable		(6,555	)		(2,092	)		18,757
Net cash provided by operating activities	$	311,604		$	271,838		$	327,441
Investing activities
Purchase of property, plant and equipment		(48,879	)		(62,577	)		(62,173	)
Proceeds from sale of property, plant and equipment		3,442			564			1,486
Investment in equity affiliates		—			—			(18,423	)
Short term deposits placed		(55,001	)		(25,000	)		—
Redemption of short-term deposits		69,249			25,000			—
Payment for business acquisitions, net of cash acquired		(49,235	)		(130,809	)		(21,363	)
Proceeds from divestiture of business, net of cash divested		1,982			—			—
Net cash used for investing activities	$	(78,442	)	$	(192,822	)	$	(100,473	)
Financing activities
Repayment of capital lease obligations		(1,803	)		(2,095	)		(2,035	)
Payment of debt issuance and refinancing costs		(8,104	)		—			(6,584	)
Proceeds from long-term debt		121,410			—			800,000
Repayment of long-term debt		(123,098	)		(6,750	)		(684,875	)
Proceeds from short-term borrowings		275,000			195,000			1,451,500
Repayment of short-term borrowings		(355,000	)		(60,000	)		(1,565,000	)
Proceeds from issuance of common shares under stock-based compensation plans		45,859			30,144			16,088
Payment for net settlement of stock-based awards		(9,315	)		(25,975	)		(7,194	)
Payment of earn-out consideration		(3,868	)		(1,088	)		(230	)
Distribution to noncontrolling interest		(6,423	)		(1,487	)		—
Payment for stock purchased and retired		—			(302,625	)		(226,917	)
Payment for expenses related to stock purchase		—			(2,543	)		(197	)
Excess tax benefit on stock-based compensation		—			—			6,560
Net cash used for financing activities	$	(65,342	)	$	(177,419	)	$	(218,884	)
Effect of exchange rate changes		(55,772	)		(11,085	)		(18,965	)
Net increase/(decrease) in cash and cash equivalents		167,820			(98,403	)		8,084
Cash and cash equivalents at the beginning of the period		459,228			571,276			461,788
Cash and cash equivalents at the end of the period	$	571,276		$	461,788		$	450,907
Supplementary information
Cash paid during the period for interest	$	30,788		$	27,175		$	20,950
Cash paid during the period for income taxes	$	71,857		$	83,803		$	72,102
Property, plant and equipment acquired under capital lease obligations	$	2,342		$	2,176		$	1,656

Reconciliation of Non-GAAP Financial Measures to GAAP Measures

To supplement the consolidated financial statements presented in accordance with GAAP, this press release includes the following measures defined by the Securities and Exchange Commission as non-GAAP financial measures:

• Adjusted income from operations;

• Adjusted net income attributable to shareholders of Genpact Limited, or adjusted net income; and

• Adjusted diluted earnings per share attributable to shareholders of Genpact Limited, or adjusted diluted earnings per share.

These non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles and should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and may be different from non-GAAP financial measures used by other companies. In addition, these non-GAAP financial measures, the financial statements prepared in accordance with GAAP and the reconciliations of Genpact’s GAAP financial statements to such non-GAAP financial measures should be carefully evaluated.

Prior to July 2012, Genpact’s management used financial statements that excluded significant acquisition related expenses, amortization of related acquired intangibles, and amortization of acquired intangibles at the company’s formation in 2004 for its internal management reporting, budgeting and decision making purposes, including comparing Genpact’s operating results to that of its competitors. However, considering Genpact’s frequent acquisitions of varying scale and size, and the difficulty in predicting expenses relating to acquisitions and amortization of acquired intangibles thereof, since July 2012 Genpact’s management uses financial statements that exclude all acquisition-related expenses and amortization of acquired intangibles for its internal management reporting, budgeting and decision making purposes, including comparing Genpact’s operating results to that of its competitors. Acquisition-related expenses are excluded in the period in which an acquisition is consummated.

Net interest referred to in the reconciliation of adjusted income from operations below represents the net total of interest expense and interest income for the periods presented.

Additionally, Genpact’s management uses financial statements that exclude stock-based compensation expense. Because of varying available valuation methodologies, subjective assumptions and the variety of award types that companies can use when adopting ASC 718 “Compensation-Stock Compensation,” Genpact’s management believes that providing non-GAAP financial measures that exclude such expenses allows investors to make additional comparisons between Genpact’s operating results and those of other companies. Genpact also believes that it is unreasonably difficult to provide its financial outlook in accordance with GAAP for a number of reasons, including, without limitation, its inability to predict its stock-based compensation expense under ASC 718, the amortization of intangibles associated with further acquisitions and acquisition-related expenses. Accordingly, Genpact believes that the presentation of adjusted income from operations and adjusted net income, when read in conjunction with the Company’s reported results, can provide useful supplemental information to investors and management regarding financial and business trends relating to its financial condition and results of operations.

A limitation of using adjusted income from operations and adjusted net income versus income from operations and net income calculated in accordance with GAAP is that these non-GAAP financial measures exclude a recurring cost, namely stock-based compensation. Management compensates for this limitation by providing specific information on the GAAP amounts excluded from adjusted income from operations and adjusted net income.

The following tables show the reconciliation of these adjusted financial measures from GAAP for the year and three months ended December 31, 2014 and 2015:

Reconciliation of Adjusted Income from Operations

(Unaudited)

(In thousands)

	Year ended December 31,						Three months ended December 31,
	2014			2015			2014			2015
Income from operations per GAAP	$	294,031		$	334,192		$	70,866		$	83,446
Add: Stock-based compensation		28,065			24,976			7,912			7,467
Add: Amortization of acquired intangible assets		22,233			23,671			6,347			5,424
Add: Acquisition-related expenses		2,772			798			795			—
Add: Other income, net, excluding net interest		2,112			4,360			776			2,092
Less: Loss on equity-method investment activity, net		(4,795	)		(10,800	)		(4,882	)		(2,805	)
Less: Net income attributable to noncontrolling interest		(169	)		—			—			—
Adjusted income from operations	$	344,249		$	377,197		$	81,814		$	95,624

Reconciliation of Adjusted Net Income

(Unaudited)

(In thousands, except per share data)

	Year ended December 31,						Three months ended December 31,
	2014			2015			2014			2015
Net income attributable to Genpact Limited shareholders per GAAP	$	192,002		$	239,817		$	45,752		$	64,413
Add: Stock-based compensation		28,065			24,976			7,912			7,467
Add: Amortization of acquired intangible assets		22,233			23,671			6,347			5,424
Add: Acquisition-related expenses		2,772			798			795			—
Less: Tax impact on stock-based compensation		(6,366	)		(6,125	)		(1,160	)		(1,619	)
Less: Tax impact on amortization of acquired intangibles		(7,154	)		(7,413	)		(1,997	)		(1,721	)
Less: Tax impact on acquisition-related expenses		(184	)		(229	)		(131	)		—
Adjusted net income	$	231,368		$	275,495		$	57,518		$	73,964
Adjusted diluted earnings per share	$	1.03		$	1.26		$	0.26		$	0.34

EX-99.2

February 4, 2016 Ticker (NYSE: G) Genpact Q4 and FY 2015 Earnings Presentation Exhibit 99.2

Forward-looking statements These materials contain 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 are based on Genpact’s current expectations and beliefs, as well as a number of assumptions concerning future events. 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. These risks and uncertainties include but are not limited to a slowdown in the economies and sectors in which our clients operate, a slowdown in the BPO and IT Services sectors, the risks and uncertainties arising from our past and future acquisitions, our ability to convert bookings to revenues, our ability to manage growth, factors which may impact our cost advantage, wage increases, our ability to attract and retain skilled professionals, risks and uncertainties regarding fluctuations in our earnings, foreign currency fluctuations, dependence on tax legislation, general economic conditions affecting our industry as well as other risks detailed in our reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the Company's Annual Report on Form 10-K. These filings are available at www.sec.gov or on the investor relations section of our website, www.genpact.com. Genpact may from time to time make additional written and oral forward-looking statements, including statements contained in our filings with the SEC. The Company undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the Company. These materials also include measures defined by the SEC as non-GAAP financial measures. Genpact believes that these non-GAAP measures can provide useful supplemental information to investors regarding financial and business trends relating to its financial condition and results of operations when read in conjunction with the Company’s reported results. Reconciliations of these non-GAAP measures from GAAP are available in this presentation and in our earnings release dated February 4, 2016. Non-GAAP Financial Measures

FY 2015 – Key Financial Highlights Solid Execution Drove Global Client Growth FY ‘15 versus FY ‘14 performance: Total Revenue: +8% (~ +10% on constant currency basis) Revenue from Global Clients: +10% (~ +13% on constant currency basis) GE Revenue: -1% (~ -1% on constant currency basis) New Bookings(1) +20% Adjusted Income from Operations grew 10%, with a margin(2) of 15.3% Adjusted Diluted Earnings Per Share grew 22% YoY to $1.26 Global Client growth was broad-based across most of our target verticals and service lines: BFS, CPG, Life Sciences, Insurance and High Tech all grew double digits Finance & Accounting, our Core Industry Vertical Operations, Analytics and Consulting Services also drove Global Client growth Notes: New bookings means the total contract value of new contracts, and certain renewals, extensions and changes to existing contracts. Regular renewals of contracts with no change in scope are not counted as new bookings. Adjusted income from operations is a non-GAAP measure. FY ‘15 GAAP income from operations margin was 13.6%.

FY 2015 – Key Accomplishments Continued to strengthen our client-facing teams Continued to invest in domain, digital and analytics capabilities Including acquisitions and strategic partnerships Launched Lean DigitalSM, our unique and highly differentiated approach to digital Invested in our employees to develop evolving and differentiated skills Signed 9 large transformational deals

Strong Bookings and Healthy Pipeline Pipeline continues to be healthy across our targeted areas Win rates improved YoY Sales productivity gains from recent sales force hires ($ in billions) 2015 YoY Bookings* $2.59 +20% Notes: * New bookings means the total contract value of new contracts, and certain renewals, extensions and changes to existing contracts. Regular renewals of contracts with no change in scope are not counted as new bookings.  Another year of strong bookings, up 20% YoY driven by: Investments in front-end sales and digital capabilities Our focus on chosen verticals and service lines and large deals

Total revenue growth at 7% (~10% on a constant currency basis) Q4 2015 Global Client revenue grew 10% (~13% on a constant currency basis) Global Client BPO revenues increased 11% (~14% on a constant currency basis) and Global Client ITO revenues increased 5% (~7% on a constant currency basis) Global Clients GE BPO ITO 7% YoY Growth% 10% (1)% 7% 4% 9% YoY Growth% Q4 ‘14 Q4 ‘15 Q4 ‘14 Q4 ‘15 ($ in millions) ($ in millions) $602 $647 $647 $602 Q4 2015 Revenue Summary

Q4‘14 Q4’15                     YoY Revenue $601.5 $646.5 7.5% Cost of Revenue 359.2 393.9 9.7% Gross Profit 242.3 252.6 4.2% Gross Profit % of Revenue 40.3% 39.1% -120 bps SG&A $167.3 $165.4 -1.1% SG&A % of Revenue 27.8% 25.6% -220 bps Adjusted Income from Operations(1) $81.8 $95.6 17.0% Adjusted Income from Operations Margin 13.6% 14.8% 120 bps ($ in millions) Notes: Adjusted income from operations is a non-GAAP measure. Income from operations was $70.9 million in Q4 ‘14 and $83.4 million in Q4 ’15. Q4 2015 Adjusted Income from Operations Margin up 120 Basis Points Year-Over-Year

Total revenue growth at 8% (~10% on a constant currency basis) 2015 Global Client revenue grew 10% (~13% on a constant currency basis) Global Client BPO revenues increased 14% (~17% on a constant currency basis) and Global Client ITO revenues declined 2% (flat on a constant currency basis) Global Clients GE BPO ITO 8% YoY Growth% 10% (1)% 8% (3)% 11% YoY Growth% FY ‘14 FY ‘15 FY ‘14 FY ‘15 ($ in millions) ($ in millions) $2,279 $2,461 $2,461 $2,279 FY 2015 Revenue Summary

Number of clients Notes: Relationship size = annual revenues based on last four rolling quarters. Relationship Size(1) Continue to Expand Client Relationships

FY’14 FY’15                     YoY Revenue $2,279.4 $2,461.0 8.0% Cost of Revenue 1,378.1 1,493.5 8.4% Gross Profit 901.4 967.5 7.3% Gross Profit % of Revenue 39.5% 39.3% -20 bps SG&A $585.6 $608.1 3.8% SG&A % of Revenue 25.7% 24.7% -100 bps Adjusted Income from Operations(1) $344.2 $377.2 9.6% Adjusted Income from Operations Margin 15.1% 15.3% 20 bps ($ in millions) Notes: Adjusted income from operations is a non-GAAP measure. Income from operations was $294.0 million in FY ‘14 and $334.2 million in FY ’15. FY 2015 Adjusted Income from Operations Margin up 20 Basis Points Year-over-Year

EPS Year-over-Year Bridge FY ‘14 FY ‘15 Adjusted Net Income ($ millions)231.4 275.5 Diluted Shares Outstanding (millions)(3) 225.2 219.1 85 11 FX Re-measurement gains in FY’15 vs loss in FY’14 FY ‘14 GAAP EPS 109 (Cents per share) Net Adjustments(1) 103 18 Net Adjustments(1) FY ‘14 Adjusted EPS FY ‘15 Adjusted EPS FY ‘15 GAAP EPS Higher Adjusted Income from Operations 17 Increase Decrease Notes: Adjustments primarily include amortization of acquired intangible assets, acquisition-related expenses and stock-based compensation expenses. Net of shares issued, retired and dilution impact. Weighted average number of diluted shares outstanding; diluted shares outstanding includes the impact of 9.9 million shares repurchased through December 31, 2015. - The above bridge reflects only significant variance items year-over-year and is illustrative and subject to rounding. - EPS = Diluted earnings per share 126 6 Lower Tax 3 2 Net Share Repurchase(2)

FY 2015 cash from operations up $55 MM Q4 ‘14 Q4 ‘15 (21)% Notes: 1) Cash and Liquid Assets = Cash and cash equivalents and short-term deposits. 20% FY ‘14 FY ‘15 YoY Growth% YoY Growth% ($ in millions) ($ in millions) Q4 ’14 Q3’15 Q4 ‘15 Days Sales Outstanding79 80 82 Cash and Liquid Assets ($ millions)(1) 462 468 451 Cash from Operations 327 272 93 74

FY 2016 Revenues ($B) 2.62 – 2.66 Adjusted Income from Operations - Margin ~15.5% Adjusted Earnings Per Share(1) $1.40 - $1.42 Other Metrics Cash Flow from Operations (YoY Growth) 6% - 8% Effective Tax Rate 20% - 21% Capital Expenditure (% of revenue) ~3.0% Full Year 2016 Outlook Notes: Adjusted EPS estimate assumes: weighted average shares outstanding of approximately 215.5 million; no impact to balance sheet related foreign exchange gains or losses; and 2016 effective tax rate of 20 – 21%.

Annexure 1: Reconciliation of Adjusted Income from Operations – Q4 2015 (USD, in thousands) Quarter ended Dec 31, 2014   2015 Income from operations per GAAP $ 70,866 $ 83,446 Add: Stock-based compensation 7,912 7,467 Add: Amortization of acquired intangible assets(1) 6,347 5,424 Add: Acquisition-related expenses 795 - Add: Other income, net, excluding net interest(2) 776 2,092 Less: Loss on equity-method investment activity, net (4,882) (2,805) Less: Net income attributable to noncontrolling interest - - Adjusted income from operations $ 81,814 $ 95,624 Notes:Prior to July 2012, amortization expenses of acquired intangibles of significant acquisitions were excluded in the computation of adjusted income from operations. Since July 2012, amortization expenses of acquired intangibles of all acquisitions are excluded in such computation.Net interest for the three months ended December 31, 2014 and 2015 was $8.6 million and $2.0 million, respectively.

Annexure 2: Reconciliation of Adjusted Income from Operations – FY 2015 (USD, in thousands) Year ended Dec 31, 2014   2015 Income from operations per GAAP $ 294,031 $ 334,192 Add: Stock-based compensation 28,065 24,976 Add: Amortization of acquired intangible assets(1) 22,233 23,671 Add: Acquisition-related expenses 2,772 798 Add: Other income, net, excluding net interest(2) 2,112 4,360 Less: Loss on equity-method investment activity, net (4,795) (10,800) Less: Net income attributable to noncontrolling interest (169) - Adjusted income from operations $ 344,249 $ 377,197 Notes:Prior to July 2012, amortization expenses of acquired intangibles of significant acquisitions were excluded in the computation of adjusted income from operations. Since July 2012, amortization expenses of acquired intangibles of all acquisitions are excluded in such computation.Net interest for the year ended December 31, 2014 and 2015 was $29.4 million and $31.3 million, respectively.

Annexure 3: Reconciliation of Adjusted Net Income – Q4 2015 (USD, in thousands, except per share data) Quarter ended Dec 31, 2014   2015 Net income attributable to Genpact Limited shareholders per GAAP $ 45,752   $ 64,413 Add: Stock-based compensation 7,912 7,467 Add: Amortization of acquired intangible assets(1) 6,347 5,424 Add: Acquisition-related expenses 795 - Less: Tax impact on stock-based compensation (1,160) (1,619) Less: Tax impact on amortization of acquired intangibles (1,997) (1,721) Less: Tax impact on acquisition related expenses (131) - Adjusted net income $ 57,518 $ 73,964 Adjusted diluted earnings per share $ 0.26 $ 0.34 Notes:Prior to July 2012, amortization expenses of acquired intangibles of significant acquisitions were excluded in the computation of adjusted income from operations. Since July 2012, amortization expenses of acquired intangibles of all acquisitions are excluded in such computation.

Annexure 4: Reconciliation of Adjusted Net Income – FY 2015 (USD, in thousands, except per share data) Year ended Dec 31, 2014   2015 Net income attributable to Genpact Limited shareholders per GAAP $ 192,002   $ 239,817 Add: Stock-based compensation 28,065 24,976 Add: Amortization of acquired intangible assets(1) 22,233 23,671 Add: Acquisition-related expenses 2,772 798 Less: Tax impact on stock-based compensation (6,366) (6,125) Less: Tax impact on amortization of acquired intangibles (7,154) (7,413) Less: Tax impact on acquisition related expenses (184) (229) Adjusted net income $ 231,368 $ 275,495 Adjusted diluted earnings per share $ 1.03 $ 1.26 Notes:Prior to July 2012, amortization expenses of acquired intangibles of significant acquisitions were excluded in the computation of adjusted income from operations. Since July 2012, amortization expenses of acquired intangibles of all acquisitions are excluded in such computation.

Thank You