Ethical Compliance

ICRA
Sector:
Financial Services
Industry:
Financial Data & Stock Exchanges
Market Cap Class:
medium
Revenue
100%
Debt
0.2%
Liquidity
13.1%
Revenue
Debt
Liquidity
100%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Questionable
INR Crores
Revenue From Operations | ₹446.11 |
Non Compliant
INR Crores
Other Income | ₹74.97 |
INR Crores
Revenue from Questionable Sources: | ₹446.11 |
Revenue from Non Compliant Sources: | ₹74.97 |
Total: | ₹521.08 |
Total Revenue: | ₹521.08 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹521.08
₹521.08
= 100%
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.