Ethical Compliance

WIPRO
Sector:
Technology
Industry:
Information Technology Services
Market Cap Class:
large
Revenue
35%
Debt
12.3%
Liquidity
8.4%
Revenue
Debt
Liquidity
35%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Consumer | ₹16,721.20 |
Communications | ₹3,733.50 |
Energy, Natural Resources and Utilities | ₹10,555.30 |
Manufacturing | ₹6,154.10 |
Technology | ₹10,482.30 |
Health | ₹11,831.10 |
sales of property | ₹207.20 |
Sale of products | ₹412.70 |
Questionable
INR Crores
Finance and other income | ₹475.80 |
Non Compliant
INR Crores
Banking, Financial Services and Insurance | ₹29,870.10 |
interest income | ₹1,947.80 |
INR Crores
Revenue from Questionable Sources: | ₹475.80 |
Revenue from Non Compliant Sources: | ₹31,817.90 |
Total: | ₹32,293.70 |
Total Revenue: | ₹92,391.10 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹32,293.70
₹92,391.10
= 35%
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.