Ethical Compliance

INDIAN METALS & FERRO

INDIAN METALS & FERRO

Revenue

1.2%

Debt

5.9%

Liquidity

3.4%

Revenue

Debt

Liquidity

1.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Ferro Chrome
₹2,741.56

  Fly Ash Bricks
₹1.51

  Low Density Aggregate
₹0.28

  Other Operating Revenues
₹36.82

  Other Income
₹7.62

Questionable

INR Crores

  Net Gain on Sale of Investments
₹26.89

Non Compliant

INR Crores

  Interest income
₹5.96

INR Crores

Revenue from Questionable Sources:₹26.89
Revenue from Non Compliant Sources:₹5.96
Total:₹32.85
Total Revenue:₹2,822.39

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹32.85

₹2,822.39

= 1.2%

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.