Ethical Compliance

BIOCON

BIOCON

Revenue

2.1%

Debt

28.1%

Liquidity

4%

Revenue

Debt

Liquidity

2.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹534.10

  Generics
₹2,500.10

  Biosimilars
₹8,818.30

  Research
₹3,437.30

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹331.40

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹331.40
Total:₹331.40
Total Revenue:₹15,621.20

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹331.40

₹15,621.20

= 2.1%

compliant

Rationale

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.