Ethical Compliance

NIIT
Sector:
Consumer Defensive
Industry:
Education & Training Services
Market Cap Class:
small
Revenue
2.7%
Debt
0%
Liquidity
8.6%
Revenue
Debt
Liquidity
2.7%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Other non-operating income | ₹54.64 |
Sale of Courseware and Training Material | ₹8.66 |
Sale of Services | ₹294.81 |
Questionable
INR Crores
Non Compliant
INR Crores
Interest Income | ₹10.12 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹10.12 |
Total: | ₹10.12 |
Total Revenue: | ₹368.24 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹10.12
₹368.24
= 2.7%
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.