Ethical Compliance

ICRA

ICRA

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.