Ethical Compliance

GLENMARK PHARMACEUTICALS

GLENMARK PHARMACEUTICALS

Revenue

0%

Debt

6.9%

Liquidity

11.6%

Revenue

Debt

Liquidity

0%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Services
₹128.68

  Other Operating Revenue
₹177.64

  Other Income
₹833.82

  Sale of Products - Pharma
₹11,506.78

Questionable

INR Crores

  Dividend Income
₹0.00

Non Compliant

INR Crores

  Interest Income
₹6.18

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹6.18
Total:₹6.18
Total Revenue:₹12,653.09

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹6.18

₹12,653.09

= 0%

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.