Ethical Compliance
I G PETROCHEMICALS
Sector:
Basic Materials
Industry:
Chemicals
Market Cap Class:
small
Revenue
1.4%
Debt
17.1%
Liquidity
8.6%
Revenue
Debt
Liquidity
1.4%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Other Income | ₹1.61 |
Other Operating Revenue | ₹4.74 |
Specialty Chemicals | ₹2,094.33 |
Questionable
INR Crores
Net Gain on Sale of Investments | ₹7.27 |
Non Compliant
INR Crores
Interest income | ₹21.68 |
INR Crores
Revenue from Questionable Sources: | ₹7.27 |
Revenue from Non Compliant Sources: | ₹21.68 |
Total: | ₹28.95 |
Total Revenue: | ₹2,129.63 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹28.95
₹2,129.63
= 1.4%
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.