Ethical Compliance

FINOLEX INDUSTRIES

Revenue

3.7%

Debt

5.4%

Liquidity

0.4%

Revenue

Debt

Liquidity

3.7%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  sale of pipes and fittings and PVC resin
₹4,274.10

  Other Operating Income
₹43.33

  Other Income
₹11.94

Questionable

INR Crores

  Investment Gain
₹134.09

Non Compliant

INR Crores

  Interest Income
₹33.92

INR Crores

Revenue from Questionable Sources:₹134.09
Revenue from Non Compliant Sources:₹33.92
Total:₹168.01
Total Revenue:₹4,497.38

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹168.01

₹4,497.38

= 3.7%

questionable

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.