Ethical Compliance
PERSISTENT SYSTEMS
Sector:
Technology
Industry:
Information Technology Services
Market Cap Class:
large
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.
