Business process outsourcing company, Genpact on Friday said its net profit fell by 26.38

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per cent to $ 34.6 million for the fourth quarter ended December 31, 2009. The company had a net profit of $ 47 million, it said.

However, the company's revenue rose by five per cent from year-ago period to

$ 296.9 million in the fourth quarter 2009. Genpact is expecting a robust growth in revenues for 2010 on account of recently acquired analytics and data management services provider Symphony Market Solutions.

“Our pipeline is fuller than ever, and we expect revenue growth of 14-17 per cent in 2010, led by growth from our global clients but also including our recent acquisition of Symphony Market Solutions. Adjusted operating income margins are expected to be 17-18 per cent,” president and CEO, Genpact, Pramod Bhasin said in the conference call.

During the fourth quarter of 2009, Genpact added clients from a wide range of industries and geographies. For the full-year of 2009, Genpact's net income inched up by 1.7 per cent to $ 127.3 million and revenues grew by 7.6 per cent to $ 1,120.1 million.

“Our results for 2009 were very good in light of the global economy, and in line with our guidance. We have grown in a big way from geographies like India to India and China to China,” Bhasin said adding that the company will hire 9,000 to 10,000 people this year.