Ethical Compliance

BOROSIL RENEWABLES

Revenue

1.5%

Debt

33.9%

Liquidity

9.8%

Revenue

Debt

Liquidity

1.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Operating Revenue
₹6.78

  Sale of Solar Glass
₹1,362.51

  Sale of Service
₹0.00

Questionable

INR Crores

  Other Income
₹21.17

Non Compliant

INR Crores

INR Crores

Revenue from Questionable Sources:₹21.17
Revenue from Non Compliant Sources:₹0.00
Total:₹21.17
Total Revenue:₹1,390.46

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹21.17

₹1,390.46

= 1.5%

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.