Ethical Compliance

COFORGE

COFORGE

Revenue

54.6%

Debt

7.1%

Liquidity

5.5%

Revenue

Debt

Liquidity

54.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Travel, Transportation and Hospitality
₹1,652.20

   Other segment
₹2,533.40

  other
₹9.60

Questionable

INR Crores

  Insurance
₹2,037.70

Non Compliant

INR Crores

  Banking and Financial Services
₹2,955.70

  interest income
₹51.80

INR Crores

Revenue from Questionable Sources:₹2,037.70
Revenue from Non Compliant Sources:₹3,007.50
Total:₹5,045.20
Total Revenue:₹9,240.40

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹5,045.20

₹9,240.40

= 54.6%

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.