Ethical Compliance

GRASIM INDUSTRIES

GRASIM INDUSTRIES

Revenue

26.6%

Debt

32.7%

Liquidity

1.1%

Revenue

Debt

Liquidity

26.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Manufactured Products & service
₹95,610.25

  other income
₹1,399.48

Questionable

INR Crores

  Income From Health Insurance Premium (net)
₹14,512.21

Non Compliant

INR Crores

  Financial Services
₹1,468.80

  interest & dividend
₹17,083.61

  Fair Value Changes of Financial Services Business
₹845.15

  Income on derecognised (assigned) loans
₹58.98

  other
₹1,264.10

INR Crores

Revenue from Questionable Sources:₹14,512.21
Revenue from Non Compliant Sources:₹20,720.64
Total:₹35,232.85
Total Revenue:₹1,32,242.58

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹35,232.85

₹1,32,242.58

= 26.6%

non-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.