Ethical Compliance

GUJ. APOLLO IND..

Revenue

28.5%

Debt

4.2%

Liquidity

0.6%

Revenue

Debt

Liquidity

28.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹0.48

  Construction and Mining Machineries & Spares
₹37.70

  Other Operating Income
₹19.01

  Sale of Services
₹0.36

Questionable

INR Crores

  Dividend Income
₹2.40

Non Compliant

INR Crores

  Interest Income
₹20.58

INR Crores

Revenue from Questionable Sources:₹2.40
Revenue from Non Compliant Sources:₹20.58
Total:₹22.98
Total Revenue:₹80.52

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹22.98

₹80.52

= 28.5%

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.