Ethical Compliance

APL APOLLO TUBES

APL APOLLO TUBES

Revenue

0.2%

Debt

15.6%

Liquidity

4.8%

Revenue

Debt

Liquidity

0.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Operating Revenue
₹611.91

  Sale of Steel Products
₹17,506.89

  Other Income
₹30.58

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹44.29

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹44.29
Total:₹44.29
Total Revenue:₹18,193.67

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹44.29

₹18,193.67

= 0.2%

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.