Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 109

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 109
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s, which are not allocated to any individual segment for management's internal reporting purposes. See Note 18—“Segment reporting” under Part I, Item 1— “Unaudited Consolidated Financial Statements” above.

60

Liquidity and Capital Resources

Overview

Information about our financial position as of December 31, 2024 and June 30, 2025 is presented below: 

As of December 31, 2024As of June 30, 2025Percentage ChangeIncrease/(Decrease)(dollars in millions)2025 vs. 2024Cash and cash equivalents$648.2 $663.3 2.3%Short-term investments23.4 — NM*Short-term borrowing— 85.0 NM*Current portion of long-term debt 26.2 375.7 NM*Long-term debt, less current portion1,195.3 833.4 (30.3)%Total equity$2,389.6 $2,586.6 8.2%

*Not Meaningful

Financial Condition

We have historically financed our operations and our expansion, including acquisitions, with cash from operations and borrowing facilities. 

On February 8, 2024, our board of directors approved an 11% increase in our quarterly cash dividend from $0.1375 per common share to $0.1525 per common share, representing an annual dividend of $0.61 per common share for 2024, up from $0.55 per common share in 2023. On March 26, 2024 and June 26, 2024, we paid a dividend of $0.1525 per share, amounting to $27.5 million and $27.3 million in the aggregate, to shareholders of record as of March 11, 2024 and June 10, 2024, respectively.

On February 6, 2025, our board of directors approved an 11% increase in our quarterly cash dividend from $0.1525 per common share to $0.17 per common share, representing a planned annual dividend of $0.68 per common share for 2025, up from $0.61 per common share in 2024. On March 26, 2025 and June 30, 2025, we paid a dividend of $0.17 per share, amounting to $29.8 million