Ethical Compliance

GULSHAN POLYOLS

Revenue

0.9%

Debt

30.2%

Liquidity

0.8%

Revenue

Debt

Liquidity

0.9%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Specialty Chemicals
₹1,347.55

  Freight and Handling Charges Recovered
₹10.34

  Other Operating Revenue
₹20.09

  Other Income
₹0.16

Questionable

INR Crores

  Net Gain on Sale of Investments
₹11.47

Non Compliant

INR Crores

  Interest income
₹0.57

INR Crores

Revenue from Questionable Sources:₹11.47
Revenue from Non Compliant Sources:₹0.57
Total:₹12.04
Total Revenue:₹1,390.18

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹12.04

₹1,390.18

= 0.9%

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.