Ethical Compliance
RELIGARE ENTER..
Sector:
Financial Services
Industry:
Insurance - Life
Market Cap Class:
medium
Revenue
77.2%
Debt
0%
Liquidity
11.2%
Revenue
Debt
Liquidity
77.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Questionable
INR Crores
| Dividend Income | ₹1.40 |
| Fee and Commission Income | ₹4.98 |
| Rendering of Services | ₹212.40 |
| Other Revenue From Operations | ₹3,949.24 |
| Other Income | ₹186.77 |
Non Compliant
INR Crores
| Interest Income | ₹508.44 |
INR Crores
| Revenue from Questionable Sources: | ₹4,354.79 |
| Revenue from Non Compliant Sources: | ₹508.44 |
| Total: | ₹4,863.23 |
| Total Revenue: | ₹6,299.26 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹4,863.23
₹6,299.26
= 77.2%
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.
