Global business process and technology management firm Genpact on Wednesday projected a revenue growth

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of 23 - 25 per cent for this financial year. The company is heavily banking on strong performance in first six months of the financial year and diversity of its businesses.

Genpact reported net income of $39 million for second quarter-ended June 30, 2011, up 40.1 per cent as compared to $27.8 million in corresponding period a year ago. The net income margin for the quarter was 9.8 per cent as against 9.1 per cent in second quarter of 2010.

“We continue to expect full-year revenue growth of 23 - 25 per cent and our adjusted income from operations margin to be in the range of 16 per cent to 16.5 per cent. Given our strong performance during the first-half of the year and diversity of our business, despite ongoing concerns in the global economy we now expect to be at the higher end of both ranges,” president and CEO, Genpact , NV ‘Tiger’ Tyagarajan said in a statement.

Genpact’s revenue for the quarter increased by 29.3 per cent at $ 397.6 million compared to $ 307.6 million in the second quarter of 2010. Revenue from global clients was up 44.1 per cent and business process management revenue was up by 23.7 from global clients, the company said in a statement.

“Genpact stand-alone revenue, excluding Headstrong revenue, grew 15 per cent over the prior year quarter. Integration of the Headstrong acquisition, which closed on May 3, is going well,” Tyagarajan said.

He said the company has increased number of clients contributing $1 to $ 5 million in annual revenues to 103 (including 25 from Headstrong), from 52 in the prior-year quarter, giving opportunity for future growth.