Ethical Compliance

HFCL
Sector:
Technology
Industry:
Communication Equipment
Market Cap Class:
medium
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.