Ethical Compliance
CONFIDENCE PETRO IND.
Sector:
Energy
Industry:
Oil & Gas Refining & Marketing
Market Cap Class:
small
Revenue
0.6%
Debt
19.3%
Liquidity
11.8%
Revenue
Debt
Liquidity
0.6%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Sale of Cylinders /raw Material/ Project / Scrap/others | ₹242.59 |
| Charges | ₹2,378.46 |
| Job Work Charges | ₹77.42 |
Questionable
INR Crores
Non Compliant
INR Crores
| Interest Income | ₹15.03 |
INR Crores
| Revenue from Questionable Sources: | ₹0.00 |
| Revenue from Non Compliant Sources: | ₹15.03 |
| Total: | ₹15.03 |
| Total Revenue: | ₹2,713.50 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹15.03
₹2,713.50
= 0.6%
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.
