Ethical Compliance

HFCL

HFCL

Revenue

1.3%

Debt

15.1%

Liquidity

5.2%

Revenue

Debt

Liquidity

1.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Telecom Equipments
₹4,457.62

  Other Operating Income
₹7.43

  Other Income
₹42.49

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹58.10

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹58.10
Total:₹58.10
Total Revenue:₹4,565.64

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹58.10

₹4,565.64

= 1.3%

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.