Ethical Compliance

COFORGE
Sector:
Technology
Industry:
Information Technology Services
Market Cap Class:
large
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.