Ethical Compliance

ION EXCHANGE (INDIA)

Revenue

1.5%

Debt

5.6%

Liquidity

24%

Revenue

Debt

Liquidity

1.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Finished Goods
₹1,590.29

  Sale of Services
₹747.58

  Other Operating Revenues
₹9.98

  other income
₹7.12

Questionable

INR Crores

  investment gain
₹0.26

Non Compliant

INR Crores

  Interest Income
₹34.50

INR Crores

Revenue from Questionable Sources:₹0.26
Revenue from Non Compliant Sources:₹34.50
Total:₹34.76
Total Revenue:₹2,389.72

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹34.76

₹2,389.72

= 1.5%

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.