Ethical Compliance

GREENLAM INDUSTRIES.

GREENLAM INDUSTRIES.

Revenue

0.5%

Debt

36.5%

Liquidity

1.2%

Revenue

Debt

Liquidity

0.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Furniture & allied products
₹2,247.29

  Other Operating Revenue
₹59.06

  Other Income
₹9.74

Questionable

INR Crores

  Net gain on sale of investments
₹2.63

Non Compliant

INR Crores

  Interest income
₹9.29

INR Crores

Revenue from Questionable Sources:₹2.63
Revenue from Non Compliant Sources:₹9.29
Total:₹11.92
Total Revenue:₹2,328.01

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹11.92

₹2,328.01

= 0.5%

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.