Ethical Compliance

CARE RATINGS

CARE RATINGS

Revenue

99.7%

Debt

0%

Liquidity

6.9%

Revenue

Debt

Liquidity

99.7%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹1.15

Questionable

INR Crores

  Investment Gain
₹2.99

Non Compliant

INR Crores

  Sale of Services
₹331.68

  Interest Income
₹42.55

INR Crores

Revenue from Questionable Sources:₹2.99
Revenue from Non Compliant Sources:₹374.23
Total:₹377.22
Total Revenue:₹378.38

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹377.22

₹378.38

= 99.7%

non-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.