Okay. Thank you and all the best.

Operator

Thank you, Mr. Kapoor. The next question is from the line of Viju George from Edelweiss, please go ahead.

Viju George – Edelweiss

Hi. Thanks for taken my question. This pertains to the enterprise solutions business. Could you give us a sense of what percentage of your 45% exposure would possibly derive from implementation of new licenses just a ballpark field number?

Ram Mynampati

I think we have obviously this number keeps changing but we have talked about somewhere between 50%-55% of the enterprise business coming from the implementation and the rest coming from support and operations type of thing.

Viju George – Edelweiss

Okay. I was also you know looking at this metric from million dollar clients and I have seen a decline from 237-230. The first such decline I have seen in 11 quarters, any comments on this?

Ram Mynampati

Nothing specific. You might have probably noticed that 10 million dollar customers have gone up as well.

Viju George – Edelweiss

Okay. This refers to the guidance very specific this is for Srinivas. This refers to the guidance very specifically for the next quarter, if I look at the upper end of the guidance in rupee terms I find that your are guiding for near 8% quote in sequential revenue growth but your EPS is sort of kind of dead flat coming you know at the time when your wage anyway is settling down into next quarter, I just find it a bit surprising. Are you allowing for some margin declines?

V. Srinivas

Viju, Srinivas here. One thing is that this quarter too we have a FOREX gain of around 8 Crores that we are not basically assuming for Q3 when we gave the guidance that basically accounts roughly 2% growth and the second one is that we are basically closing back some of the office but we will be within because of the rupee depreciation into our operation. So basically in the marketing expenditure, brand building and also in training there is this and as we expect the utilization levels also to dip in Q3 and Q4 primarily because we are adding people but the growth is remaining constant. So keeping some these things in view, we thought that the EPS growth will be either flat to negative.

Viju George – Edelweiss

Okay, just one last question. This pertains to the employee addition figures. What’s is the flexibility you would have in terms of you know you have guided downwards and you are keeping volume growth constant for the next two quarters? What’s the flexibility you will have to for sort of increases numbers you see demand coming back especially if you are focusing on the campus hires?

V. Srinivas

We have very good flexibility there because as far as the campus hires are concerned our commitment is to honor whatever commitments we have made so far and the only thing that we are very uncertain about is the timeframe. Otherwise, it is our endeavor to honor the commitments that we have given to the campus hires and from that point of view the maneuverability which I was talking about earlier is quite high for us to shift gears should the need arise because of the demand environment so that we can do real fast.

Viju George – Edelweiss