Ethical Compliance
IRM ENERGY
Sector:
Utilities
Industry:
Utilities - Regulated Gas
Market Cap Class:
small
Revenue
2.4%
Debt
16.2%
Liquidity
37.6%
Revenue
Debt
Liquidity
2.4%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Gas & related service | ₹956.54 |
| Other Income | ₹0.77 |
Questionable
INR Crores
| Net Gain on Sale of Investments | ₹5.15 |
Non Compliant
INR Crores
| Interest income | ₹17.90 |
INR Crores
| Revenue from Questionable Sources: | ₹5.15 |
| Revenue from Non Compliant Sources: | ₹17.90 |
| Total: | ₹23.05 |
| Total Revenue: | ₹980.36 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹23.05
₹980.36
= 2.4%
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.
