Ethical Compliance

PERSISTENT SYSTEMS

PERSISTENT SYSTEMS

Revenue

0.9%

Debt

2.8%

Liquidity

13.9%

Revenue

Debt

Liquidity

0.9%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Software services
₹9,418.18

  Software licenses
₹403.41

  Others
₹42.86

Questionable

INR Crores

Non Compliant

INR Crores

  interest & other
₹85.16

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹85.16
Total:₹85.16
Total Revenue:₹9,949.61

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹85.16

₹9,949.61

= 0.9%

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.