Ethical Compliance

JINDAL STAINLESS

JINDAL STAINLESS

Revenue

0.3%

Debt

19.3%

Liquidity

6.5%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Steel Products
₹38,169.89

  Sale of Services
₹74.23

  Other Operating Revenue
₹318.35

  Other Income
₹64.13

Questionable

INR Crores

  Investment Gain
₹19.26

Non Compliant

INR Crores

  Interest Income
₹85.73

INR Crores

Revenue from Questionable Sources:₹19.26
Revenue from Non Compliant Sources:₹85.73
Total:₹104.99
Total Revenue:₹38,731.59

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹104.99

₹38,731.59

= 0.3%

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.