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Our stakeholders prefer us to have stable earnings rather than an ambitious hedging strategy: Mindtree CFO

About 5-6 percent of our revenue (in 2011-2012, Mindtree’s revenues were Rs 1,953 crore) comes out of India in INR, and the rest is in foreign exchange. Of that, 70 percent comes in USD-dominated contracts. Though the U.S. itself brings in about 60 percent of our revenues, some of our invoices, for some non-U.S. customers, are in USD.