Ethical Compliance

GANDHAR OIL REFINE IND L

Revenue

0.2%

Debt

10.5%

Liquidity

14.3%

Revenue

Debt

Liquidity

0.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Petroleum Products/Speciality Oils
₹4,109.90

  Sale of services
₹0.70

  Other Operating Revenue
₹2.61

  Other Income
₹1.01

Questionable

INR Crores

  Gain on fair valuation of Mutual Fund
₹0.08

Non Compliant

INR Crores

  Interest income
₹8.81

INR Crores

Revenue from Questionable Sources:₹0.08
Revenue from Non Compliant Sources:₹8.81
Total:₹8.88
Total Revenue:₹4,123.10

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹8.88

₹4,123.10

= 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.