Ethical Compliance

BHARAT ROAD NETWORK

BHARAT ROAD NETWORK

Revenue

2.6%

Debt

48.6%

Liquidity

9.3%

Revenue

Debt

Liquidity

2.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Construction Services
₹105.90

  Toll Operations
₹273.82

  Other Income
₹1.02

Questionable

INR Crores

  Mutual fund
₹1.47

Non Compliant

INR Crores

  Interest Income
₹8.90

INR Crores

Revenue from Questionable Sources:₹1.47
Revenue from Non Compliant Sources:₹8.90
Total:₹10.36
Total Revenue:₹391.10

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹10.36

₹391.10

= 2.6%

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.