Ethical Compliance

GREAVES COTTON.

GREAVES COTTON.

Revenue

1.9%

Debt

2%

Liquidity

12.7%

Revenue

Debt

Liquidity

1.9%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Sells Engines and Power Solutions
₹2,548.20

  Sale of services
₹37.66

  Other Operating Revenue
₹47.33

  Other Income
₹12.82

Questionable

INR Crores

  Net Gain on Sale of Investments
₹7.36

Non Compliant

INR Crores

  Interest income
₹44.58

INR Crores

Revenue from Questionable Sources:₹7.36
Revenue from Non Compliant Sources:₹44.58
Total:₹51.94
Total Revenue:₹2,697.95

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹51.94

₹2,697.95

= 1.9%

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.