Ethical Compliance

ITC

ITC

Revenue

48.2%

Debt

0%

Liquidity

0.7%

Revenue

Debt

Liquidity

48.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Services
₹2,980.10

  other products
₹33,916.54

   Government grants
₹659.09

  Other non-operating income
₹955.52

Questionable

INR Crores

  dividend
₹990.35

Non Compliant

INR Crores

  Cigarettes
₹30,596.59

   Unmanufactured Tobacco
₹2,612.06

  interest income
₹1,592.41

INR Crores

Revenue from Questionable Sources:₹990.35
Revenue from Non Compliant Sources:₹34,801.06
Total:₹35,791.41
Total Revenue:₹74,302.66

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹35,791.41

₹74,302.66

= 48.2%

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.