Ethical Compliance

HARIOM PIPE INDUSTRIES L

Revenue

0.3%

Debt

42.1%

Liquidity

3.6%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Gain on foreign currency transactions
₹1.29

   Gain on Sale of PPE
₹0.07

  Sale of Products
₹1,153.19

Questionable

INR Crores

Non Compliant

INR Crores

  Interest income
₹3.83

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹3.83
Total:₹3.83
Total Revenue:₹1,158.38

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹3.83

₹1,158.38

= 0.3%

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.