Ethical Compliance

MSTC

MSTC

Revenue

15.4%

Debt

6.4%

Liquidity

51.1%

Revenue

Debt

Liquidity

15.4%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Marketing, E-Commerce & Others
₹750.82

  Other Income
₹62.26

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹148.30

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹148.30
Total:₹148.30
Total Revenue:₹961.37

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹148.30

₹961.37

= 15.4%

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.