Ethical Compliance

IIFL SECURITIES

IIFL SECURITIES

Revenue

100%

Debt

14.7%

Liquidity

56.7%

Revenue

Debt

Liquidity

100%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

Questionable

INR Crores

  Other Income
₹1,902.46

Non Compliant

INR Crores

  Interest Income
₹328.83

INR Crores

Revenue from Questionable Sources:₹1,902.46
Revenue from Non Compliant Sources:₹328.83
Total:₹2,231.29
Total Revenue:₹2,231.29

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹2,231.29

₹2,231.29

= 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.