Ethical Compliance
XCHANGING SOLUTIONS
Sector:
Technology
Industry:
Information Technology Services
Market Cap Class:
small
Revenue
11%
Debt
20.1%
Liquidity
58.9%
Revenue
Debt
Liquidity
11%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Software Services | ₹174.42 |
Other Non-operating Income | ₹2.43 |
Profit on sale of property | ₹0.16 |
Questionable
INR Crores
Non Compliant
INR Crores
Interest Income | ₹19.24 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹19.24 |
Total: | ₹19.24 |
Total Revenue: | ₹174.42 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹19.24
₹174.42
= 11%
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.