Ethical Compliance

IFB INDUSTRIES

Revenue

0.3%

Debt

3.2%

Liquidity

5.1%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Services
₹134.77

  Other Operating Revenues
₹110.67

  Other Income
₹18.86

   Sale of Manufactured Products
₹4,192.40

Questionable

INR Crores

  Net Gain on Sale of Investments
₹10.97

Non Compliant

INR Crores

  Interest income
₹2.54

INR Crores

Revenue from Questionable Sources:₹10.97
Revenue from Non Compliant Sources:₹2.54
Total:₹13.51
Total Revenue:₹4,470.21

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹13.51

₹4,470.21

= 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.