Ethical Compliance

L&T FINANCE HOLDINGS

L&T FINANCE HOLDINGS

Revenue

160.5%

Debt

0%

Liquidity

4.6%

Revenue

Debt

Liquidity

160.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Rental Income
₹3.48

  Fees and Commission Income
₹158.15

  Other Income
₹526.75

Questionable

INR Crores

  Dividend Income
₹0.08

  Net Gain on Fair Value Changes
₹48.13

Non Compliant

INR Crores

  Interest Income
₹12,565.11

INR Crores

Revenue from Questionable Sources:₹48.21
Revenue from Non Compliant Sources:₹12,565.11
Total:₹12,613.32
Total Revenue:₹7,859.26

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹12,613.32

₹7,859.26

= 160.5%

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.