Ethical Compliance
INOX GREEN ENERGY SER
Sector:
Utilities
Industry:
Utilities - Renewable
Market Cap Class:
small
Revenue
14.1%
Debt
8.3%
Liquidity
0.7%
Revenue
Debt
Liquidity
14.1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Sale of services | ₹192.35 |
Other operating revenue | ₹31.90 |
Questionable
INR Crores
Other Income | ₹30.16 |
Non Compliant
INR Crores
Interest Income | ₹6.77 |
INR Crores
Revenue from Questionable Sources: | ₹30.16 |
Revenue from Non Compliant Sources: | ₹6.77 |
Total: | ₹36.93 |
Total Revenue: | ₹261.19 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹36.93
₹261.19
= 14.1%
non-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.