Ethical Compliance
IKIO LIGHTING
Sector:
Technology
Industry:
Electronic Components
Market Cap Class:
small
Revenue
2.9%
Debt
6.9%
Liquidity
29%
Revenue
Debt
Liquidity
2.9%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
light-emitting diode (LED) lighting solutions | ₹433.12 |
Sale of services | ₹4.83 |
Other Income | ₹2.16 |
Questionable
INR Crores
Non Compliant
INR Crores
Finance income on amortisation of security deposit | ₹0.02 |
Interest income | ₹13.19 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹13.20 |
Total: | ₹13.20 |
Total Revenue: | ₹453.30 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹13.20
₹453.30
= 2.9%
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.