Ethical Compliance

APAR INDUSTRIES.

Revenue

0.3%

Debt

0.4%

Liquidity

0.7%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Services
₹2.50

  Other operating revenue
₹10.78

  Other income
₹3.97

   Conductors
₹1,602.02

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹4.68

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹4.68
Total:₹4.68
Total Revenue:₹1,623.94

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹4.68

₹1,623.94

= 0.3%

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.