Ethical Compliance

APOLLO PIPES

APOLLO PIPES

Revenue

0.2%

Debt

6.3%

Liquidity

0.2%

Revenue

Debt

Liquidity

0.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Pvc Pipes & Others Product
₹982.16

  Scrap Sales
₹4.76

  Export Incentive
₹0.03

  Other Income
₹2.40

Questionable

INR Crores

  Investment Gain
₹0.00

Non Compliant

INR Crores

  Interest Income
₹1.51

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹1.51
Total:₹1.51
Total Revenue:₹990.85

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹1.51

₹990.85

= 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.