Company: G
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001398659-25-000109
Chunk: 19

Company: Genpact LTD
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 19
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 by 17.2% and 20.7%, respectively, in the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024, primarily driven by higher revenues and operating efficiency. AOI of our Consumer and Healthcare segment increased by 3.1% in the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024, primarily driven by higher revenues and operating efficiency, partially offset by investments in additional resources to drive business growth.

AOI for “Unallocated corporate expenses” in the table above primarily represents the adjustment of allowances for credit losses, write-downs of property, plant and equipment and right-of-use assets, and over-or-under-absorption of corporate overheads, 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.

62

Liquidity and Capital Resources

Overview

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

As of December 31, 2024As of September 30, 2025Percentage ChangeIncrease/(Decrease)(dollars in millions)2025 vs. 2024Cash and cash equivalents$648.2 $740.8 14.3%Short-term investments23.4 — NM*Current portion of long-term debt 26.2 375.9 NM*Long-term debt, less current portion1,195.3 827.0 (30.8)%Total equity$2,389.6 $2,544.5 6.5%

*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, June 26, 2024, and September 25, 2024, we paid a dividend of $0.1525