Ethical Compliance

INDO BORAX & CHEMICAL

Revenue

3.4%

Debt

0%

Liquidity

38.7%

Revenue

Debt

Liquidity

3.4%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Flat
₹0.08

  Sales of Boron Product & other chemicals
₹191.22

  Other Income
₹4.79

Questionable

INR Crores

  Net Gain on Sale of Investments
₹0.91

Non Compliant

INR Crores

  Interest income
₹6.07

INR Crores

Revenue from Questionable Sources:₹0.91
Revenue from Non Compliant Sources:₹6.07
Total:₹6.99
Total Revenue:₹203.08

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹6.99

₹203.08

= 3.4%

questionable

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.