Ethical Compliance

MINDTECK (INDIA)
Sector:
Technology
Industry:
Information Technology Services
Market Cap Class:
small
Revenue
1.2%
Debt
0.8%
Liquidity
45.4%
Revenue
Debt
Liquidity
1.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Other Income | ₹1.73 |
IT-enabled services | ₹385.53 |
Questionable
INR Crores
Non Compliant
INR Crores
Interest income | ₹4.73 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹4.73 |
Total: | ₹4.73 |
Total Revenue: | ₹391.99 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹4.73
₹391.99
= 1.2%
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.