Ethical Compliance

IKIO LIGHTING

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.