Ethical Compliance

GARWARE TECH FIBRES

Revenue

3.2%

Debt

6.7%

Liquidity

9.8%

Revenue

Debt

Liquidity

3.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Textiles
₹1,308.44

  Other Operating Revenue
₹17.17

Questionable

INR Crores

  Investment Gain
₹38.91

Non Compliant

INR Crores

  Interest Income
₹4.28

INR Crores

Revenue from Questionable Sources:₹38.91
Revenue from Non Compliant Sources:₹4.28
Total:₹43.19
Total Revenue:₹1,368.80

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹43.19

₹1,368.80

= 3.2%

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.