Ethical Compliance
GULF OIL LUB. IND..
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
medium
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.
