Ethical Compliance

GUJARAT MINERAL DEV CORP

GUJARAT MINERAL DEV CORP

Revenue

8.6%

Debt

0%

Liquidity

6.9%

Revenue

Debt

Liquidity

8.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale From Lignite Projects
₹2,135.41

  Sale From Renewable Energy Projects
₹139.32

  Sale From Thermal Power Project
₹113.50

  Sale From Other Projects
₹2.21

  Sale From Bauxite Projects
₹72.45

  Other Income
₹36.10

Questionable

INR Crores

  Investment Gain
₹26.18

Non Compliant

INR Crores

  Interest Income
₹207.51

INR Crores

Revenue from Questionable Sources:₹26.18
Revenue from Non Compliant Sources:₹207.51
Total:₹233.69
Total Revenue:₹2,733.07

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹233.69

₹2,733.07

= 8.6%

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.