Thank you, Mr. Deshpande. The next question is from the line of Ritesh Rathod from UTI Mutual Funds, please go ahead.
Ritesh Rathod UTI Mutual Funds
Hello sir, can you just put some more light on the domestic employee numbers? It has been volatile for past two or three quarters.
Ramalinga Raju
No, it is basically; as you know the domestic employee number these are kind of need based because we will be kind of shifting the people from domestic to offshore and all that. So, it is basically on need basis, we will be having employees there.
Ritesh Rathod UTI Mutual Funds
Okay and how far utilization can go upside given the current new number of hours as you are taking into consideration?
Ramalinga Raju
Right now, this quarter we are at around 76% offshore including trainees. Yeah anywhere between 75% to 80% I think is ideal range.
Ritesh Rathod UTI Mutual Funds
Okay and how much is the percentage of USD-Australian Dollar contribution to the overall currency mix?
Ramalinga Raju
7% to 8%.
Ritesh Rathod UTI Mutual Funds
Okay, thanks thats all from my side.
Ramalinga Raju
Thank you.
Operator
Thank you, Mr. Rathod. The next question is from the line of Santhana Krishnan from Spark Capital, please go ahead.
Santhana Krishnan Spark Capital |