Ethical Compliance

GULF OIL LUB. IND..

GULF OIL LUB. IND..

Revenue

2%

Debt

13.8%

Liquidity

31.4%

Revenue

Debt

Liquidity

2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  lubricants Oil
₹2,993.49

  battery, grease & other
₹299.12

  Other Operating Revenue
₹8.54

  Other Income
₹0.62

Questionable

INR Crores

  Profit on Sale of Investement in Mutual Fund
₹2.56

Non Compliant

INR Crores

  Interest income
₹64.94

INR Crores

Revenue from Questionable Sources:₹2.56
Revenue from Non Compliant Sources:₹64.94
Total:₹67.50
Total Revenue:₹3,369.28

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹67.50

₹3,369.28

= 2%

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.