Ethical Compliance

IFB AGRO INDUSTRIES

Revenue

0.5%

Debt

1.6%

Liquidity

17.6%

Revenue

Debt

Liquidity

0.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Operating Revenue
₹10.77

  Spirit, spirituous beverages and allied products
₹1,024.64

  Marine feed and other allied products
₹344.27

  Other Income
₹10.84

Questionable

INR Crores

  Net Gain on Sale of Investments
₹6.98

Non Compliant

INR Crores

  Interest Income
₹0.65

INR Crores

Revenue from Questionable Sources:₹6.98
Revenue from Non Compliant Sources:₹0.65
Total:₹7.63
Total Revenue:₹1,398.15

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹7.63

₹1,398.15

= 0.5%

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.