Ethical Compliance

MINDTECK (INDIA)

MINDTECK (INDIA)

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.